New US Tariffs

03 April 2025
New US Tariffs
The United States have announced new tariffs on products manufactured outside the US.
Skellerup generates 35% of revenue from sales in the US market. Approximately 85% of this revenue
comes from products manufactured at our own and partner facilities (in equal proportions) in each
of New Zealand, China and Vietnam.
CEO Graham Leaming said, “Due to actions already taken to increase inventory held in market, along
with pricing and cost initiatives we do not expect the new tariffs to have a material impact on our
FY25 results. Our guidance for net profit after tax of $52 to $56 million for the year ended 30 June
2025 remains in place.
The new tariffs will increase costs in future financial years. We expect to offset a significant
proportion of these costs with a combination of continuous improvement activities, pricing and cost
initiatives and expanding our in-market manufacturing capability.”
Skellerup designs, manufactures and distributes essential high-performance components to
customers in 80 countries around the world. Our products are trusted across dairy, potable and
wastewater, construction, sport and leisure, electrical, health and medical, automotive and mining
sectors globally. For more information about Skellerup, please visit www.skellerupholdings.com



For further information, please contact:
Graham Leaming
Chief Executive Officer
021 271 9206

Tim Runnalls
Chief Financial Officer
027 807 5080