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BUZZ-NZ's Scott Tech gains on securing $10.1 mln worth of contracts

ReutersJan 13, 2025 10:15 PM

Shares of Scott Technology SCT.NZ rise 1.4% to NZ$2.23, hitting their highest since Dec. 31

Automation and robotics firm secures multiple contracts with combined value of NZ$18 mln ($10.05 mln)

Contracts to supply meat processing systems in New Zealand, Australia and North America

Says contracts show strength of co's protein automation portfolio

More than 20,000 shares change hands, 2.2 times the 30-day avg

Stock down 1.4% YTD, including current session's moves

($1 = 1.7918 New Zealand dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com))

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