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How to buy Skellerup Holdings shares (SKL)

Want to buy Skellerup Holdings shares on the New Zealand Stock Exchange? Keep reading to find out how.

Skellerup Holdings logo

Skellerup is a designer, manufacturer, and distributor of engineered products across a range of industrial and agricultural sectors. Shares in the company (SKL) are listed on the NZX, so if you’d like to add some SKL shares to your portfolio, keep reading to find out the steps you need to follow.

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How to buy shares in Skellerup Holdings on the New Zealand Exchange

  1. Compare share trading platforms. If you’re a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table. Most importantly, you need to find a share trading platform that allows you to trade on the NZX.
  2. Open and fund your share trading account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Skellerup Holdings. Find the stock by name or ticker symbol: SKL. Research its history to confirm it’s a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Skellerup Holdings reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market’s ups and downs. You may be able to buy a fractional share of Skellerup Holdings, depending on your share trading account.
  6. Check in on your investment. Congratulations, you own a part of Skellerup Holdings. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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Skellerup Holdings overview and background

Skellerup Holdings is a New Zealand-based company that is perhaps best known for its range of gumboots.

However, Skellerup designs, manufactures and distributes innovative products for a wide range of market sectors. These include dairy consumables like milking liners and silicone tubing, as well as products for applications in potable and wastewater, roofing, plumbing and a variety of other sectors.

Skellerup Holdings is headquartered in Christchurch but derives 80% of its revenue from international markets. In addition to New Zealand, it also boasts manufacturing and distribution partners in Australia, China, the USA and several other markets.

Performance and company results

In its 2021 half-year report, Skellerup Holdings announced the following key results:

  • Revenue of $136.6 million (an increase of 11%)
  • EBIT of $27.6 million (an increase of 53%)
  • Net profit after tax of $19.5 million (an increase of 61%)
  • Earnings of 9.98 cents per share (an increase of 61%)
  • Operating cash flow of $35.1 million (an increase of 33%)
  • An interim dividend of 6.5 cents per share (an increase of 18%)

Key details

NameSkellerup Holdings LimitedIndustryIndustrial Engineering & Distribution
Ticker symbolSKLISINNZSKXE0001S8
TypeOrdinary SharesDate listed on NZX19 Jun 2002
End of financial yearJuneChief executive officerDavid Mair
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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