New US Tariffs
New US Tariffs
Scott Technology (NZX:SCT), AUCKLAND, NZ [4 Apr 2025].
The new tariffs announced yesterday by the United States are expected to have a limited impact on Scott
Technology (NZX: SCT) in the current financial year. Scott estimates that the current revenue mix that would be
exposed to tariffs is less than 10%.
From a total revenue perspective, North America is significant but much of this revenue is from Canadian
customers (Mining and MHL). Additionally, some of the US Revenue is insulated from tariffs due to Scott’s United
States manufacturing base.
The more significant and broader impact will be the uncertainty this creates in the global economy and
businesses willingness to invest in capital equipment. While certain segments may experience headwinds, there
is also potential opportunities, particularly where our European and Asian competitors face higher tariff rates
than those applicable to our exports from New Zealand or Australia to the USA.
The global shift towards nearshoring and regionalised supply chains is closely aligned with Scott’s strengths. We
are well-positioned to help customers build resilient, secure, and efficient supply chains through automation.
ENDS
Contacts:
Mike Christman
Chief Executive Officer
T: +64 21 679 975
E: m.christman@scottautomation.com
Mark O’Malley
Chief Financial Officer
T: +64 27 301 5936
E: m.omalley@scottautomation.com
About Scott
Scott delivers smart automation and robotic solutions that transform industries by making businesses safer, more
productive, and more efficient. Our diverse capability makes us the first choice for hundreds of the world’s
leading brands. With design and build operations across Australasia, China, Europe, and America and over 100
years of engineering excellence, Scott is the global expert in automation.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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