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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.

Jenny Ruth
Fri, 19 Feb 2016

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
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Skellerup shares plummet 9% after dairy woes hit profit
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