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>Skellerup Holdings (SKL) has announced it expects to mitigate the entire tariff impact on its US operations following a trade deal between the US and Vietnam.</li><li>The company has lifted its forecasts as the Vietnamese tariff rate and SKL's confidence in full mitigation are better than previously modeled.</li><li>SKL is trading on relatively unchallenging multiples with medium-term growth underpinned by new products and low debt.</li></ul>

Skellerup Holdings (SKL) has announced it expects to mitigate the entire tariff impact on its US operations following a trade deal between the US and Vietnam.The company has lifted its forecasts as the Vietnamese tariff rate and SKL's confidence in full mitigation are better than previously modeled.SKL is trading on relatively unchallenging multiples with medium-term growth underpinned by new products and low debt.

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