Scott Technology Targets NZ$165m Protein Revenue with BladeStop Expansion

BladeStop Drives Ambitious Protein Revenue Growth

Scott Technology (NZX:SCT) has set its sights on a bold NZ$165 million annual revenue target for its Protein Domain by FY30, more than doubling the NZ$69.4 million reported in FY25. Central to this growth is BladeStop, the company’s signature safety bandsaw technology, which is being positioned as a global growth engine under the Destination 2030 strategy.

CEO Mike Christman described BladeStop as a "world-leading safety bandsaw and a proven differentiated technology stack" with significant scale potential. The roadmap focuses on expanding BladeStop’s installed base by entering new geographic markets and verticals, while boosting recurring income streams from service agreements, parts, and software offerings.

Mexico Distribution Deal Opens New Market

As part of this expansion, Scott has inked a distribution agreement with AERSA, a well-established industrial equipment distributor in Mexico. AERSA’s existing relationships in the country’s food and protein-processing sectors provide Scott with a ready-made local route to market. This partnership covers the full customer lifecycle, from sales and commissioning to training, preventative maintenance, safety validation, and parts supply.

Mark Host, President of Protein at Scott Technology, emphasised that entering Mexico requires more than just selling equipment: "Customers need local relationships, technical capability, training, parts and ongoing service, and AERSA gives us that from day one." This deal signals Scott’s commitment to building sustainable, service-driven revenue streams alongside hardware sales.

Software Enhancements and Lifecycle Services to Boost Profitability

Scott is also enhancing BladeStop’s software capabilities through BladeStop Connect, which delivers real-time and historical data on productivity, operations, and safety events. Further software functionality is in development, aiming to deepen customer engagement and value.

The company plans to improve profitability by scaling its global supply chain and increasing contributions from Lifecycle Services, which include service agreements, parts, and preventative maintenance. This approach aligns with the broader Destination 2030 ambition of achieving NZ$530 million in Group revenue and a 14% EBITDA margin by FY30.

Strong FY26 Revenue and EBITDA Forecasts

Scott is forecasting record Group revenue of NZ$290–296 million and operating EBITDA of NZ$34–36 million for the year ending 31 August 2026. This follows strong momentum across the business, including Materials Handling and Logistics contract wins in North America and Europe, which complement the Protein Domain’s growth trajectory.

The company’s focus on expanding BladeStop’s footprint and growing recurring revenue streams positions it well to meet the ambitious Destination 2030 targets, though execution risks remain as it navigates new markets and scales its service offerings.