[27 August/ Business Day]

Scales Corp has posted a second-half profit of $33.2 million, an increase of 59 percent on its first-half profit. Scales Corp Managing Director, Andy Borland said the result reflected strong performance across all divisions, particularly in the company’s Mr Apple business. Mr Borland said the company’s full-year result is likely to produce an EBITDA that is between 25 and 35 percent higher than the company’s prospectus forecast of $41.2 million. The company is to consider payment of an interim dividend later in the year.