New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>Following Scott Technology’s (SCT) announcement of c.NZ$20m in new Materials Handling & Logistics (MHL) contracts, we dive further into the domain.</li><li>We view recent contract momentum as emerging evidence that growth is broadening beyond SCT’s historic potato-processing customer base into the meat, dairy, snacks, and bakery goods sectors, with recent wins also spanning beverage, hygiene products, aerospace, and wine & spirits.</li><li>Our spot valuation declines by -NZ5cps to NZ$3.65.</li></ul>

Following Scott Technology’s (SCT) announcement of c.NZ$20m in new Materials Handling & Logistics (MHL) contracts, we dive further into the domain.We view recent contract momentum as emerging evidence that growth is broadening beyond SCT’s historic potato-processing customer base into the meat, dairy, snacks, and bakery goods sectors, with recent wins also spanning beverage, hygiene products, aerospace, and wine & spirits.Our spot valuation declines by -NZ5cps to NZ$3.65.

Scott Technology Materials Handling & Logistics in Motion