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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))

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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