Scott Technology Secures $18 million in Protein Processing Contracts

Scott Technology Limited (NZX: SCT) has announced new contracts worth $18 million for its advanced protein processing products, marking a significant achievement in the industrial automation sector. The company will supply a lamb primal system to JBS in Australia, leveraging X-ray and computer vision technology for precise lamb carcass portioning. Brazil-based JBS, a major shareholder in Scott Technology since 2016, plays a key role in this partnership. Additionally, Scott Technology will deliver a loin deboner to Silver Fern Farms in New Zealand and fulfill a similar order for another company. At the time of writing, these deals highlight Scott Technology's expertise in delivering cutting-edge solutions for the global meat-processing industry.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com