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Skellerup expects to shrug off tariff costs

The impact of trade tariffs in the year ahead is anticipated to be less than $5m.

Key points
  • Revenue: Up 7% to $353.5m
  • Net profit: $54.5m versus $46.9m in FY24
  • Main takeaway: The company expects it will be able to offset likely tariff costs of less than $5m in the year ahead. 

Industrial products maker Skellerup believes it will be able to overcome a $5 million hit from US trade tariffs in the current financial year.

The NZX-listed manufacturer is best known for its Red Band gumboots, but also makes several specialist products used in roofing, potable water systems, and

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Nicholas Pointon Thu, 21 Aug 2025
Contact the Writer: nicholas@nbr.co.nz
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Key points
  • Revenue: Up 7% to $353.5m
  • Net profit: $54.5m versus $46.9m in FY24
  • Main takeaway: The company expects it will be able to offset likely tariff costs of less than $5m in the year ahead. 
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Skellerup expects to shrug off tariff costs
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