Skellerup shares plummet 9% after dairy woes hit profit
Skellerup CEO David Mair says he can't predict when farmers will start buying the company's products. With special audio feature.
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Skellerup [NZX: SKL] shares dived as much as 9% yesterday after its first-half results revealed the dairy industry’s woes are hurting the company much more than had been expected.
The shares fell as low as $1.30 before recovering a little, to close at $1.33.
Skellerup’s $9.6 million net profit
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Jenny Ruth
Fri, 19 Feb 2016
Fri, 19 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Skellerup shares plummet 9% after dairy woes hit profit
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