Scott Technology yesterday reported a significantly higher profit for the six months ended February, saying it was well positioned to take advantage of the increasing demand for its skills. The company's strong balance sheet positioned it well to deliver strong growth through planned organic and acquisition growth, he said. The dividend reflected the strong operating cash flow being generated by the business and the confidence of directors in a strong full-year result, he said. However, the strong ''local presence'' in the United States market provided benefits to the wider Scott group, Mr Hopkins said. Potential acquisitions were regularly reviewed and evaluated to further drive strategic growth where they provided strong value propositions.

Source: Otago Daily Times April 05, 2017 18:00 UTC