Market update

Scales Corporation Limited
Head Office: 52 Cashel Street | Christchurch 8013 | New Zealand
Postal: PO Box 1590 | Christchurch 8140 | New Zealand
Phone: +64 3 379 7720
scalescorporation.co.nz







15 June 2021


SCALES CORPORATION – MARKET UPDATE

Scales Corporation Limited (Scales) today announces that it is no longer participating in the sale
process for Villa Maria. Due diligence and other transaction costs incurred during the process will be
recognised in Scales’ half-year results to 30 June 2021. Scales reiterates market guidance previously
given for the full 2021 year, noting that transaction costs are not included in Underlying earnings.


Steve Kennelly
Chief Financial Officer
Scales Corporation Limited
+64 3 371 2263 / +64 274 317587
www.scalescorporation.co.nz









About Scales Corporation
Scales Corporation is a diversified agribusiness group. It comprises three operating divisions:
Horticulture, Food Ingredients and Logistics. The company’s diverse spread of activities gives Scales
broad exposure to New Zealand’s agribusiness sector. Scales Corporation was founded in 1897 as a
shipping business by George Herbert Scales. Today it has operations across New Zealand, Australia
and the United States. Find out more at www.scalescorporation.co.nz.