Vulcan Steel Limited (NZE:VSL)
New Zealand · Delayed Price · Currency is NZD | Market Cap | 934.41M -11.8% |
| Revenue (ttm) | 990.54M -0.3% |
| Net Income | 14.84M -35.7% |
| EPS | 0.11 -36.7% |
| Shares Out | n/a |
| PE Ratio | 62.98 |
| Forward PE | 21.36 |
| Dividend | 0.07 (1.10%) |
| Ex-Dividend Date | Mar 11, 2026 |
| Volume | 6,729 |
| Average Volume | 42,170 |
| Open | 6.48 |
| Previous Close | 6.45 |
| Day's Range | 6.48 - 6.60 |
| 52-Week Range | 5.82 - 9.00 |
| Beta | n/a |
| RSI | 51.16 |
| Earnings Date | May 24, 2026 |
About Vulcan Steel
Vulcan Steel Limited, together with its subsidiaries, engages in the sale and distribution of steel and metal products in New Zealand and Australia. It operates through Steel and Metals segments. The company sells steel hollows; merchant products, including bars, angles, beams, channels, and unprocessed coils and plates; stainless steel products, such as fittings and sheets; and high-performance steel and metal products. It also offers processing services including cutting, drilling, tapping, countersinking, and folding of plates, as well as sh... [Read more]
Financial Performance
In fiscal year 2025, Vulcan Steel's revenue was 948.15 million, a decrease of -10.92% compared to the previous year's 1.06 billion. Earnings were 15.73 million, a decrease of -60.67%.
Financial StatementsNews
Vulcan Steel Earnings Call Transcript: H1 2026
Revenue grew 8.6% year-over-year to NZD 535 million, driven by Roofing Industries' acquisition and higher volumes. EBITDA reached AUD 57 million amid margin pressure, with net debt at NZD 202 million and a 2.9x leverage ratio. Gradual recovery is expected in both Australia and New Zealand.
Vulcan Steel Transcript: AGM 2025
The meeting addressed a challenging FY2025 with lower sales and profit, but strong cash flow and reduced debt. Leadership transitions, the Roofing Industries acquisition, and a focus on culture, safety, and strategic growth were emphasized. Shareholders approved all resolutions and discussed governance, supply chain, and sustainability.
Vulcan Steel Earnings Call Transcript: H2 2025
Revenue declined year-over-year amid challenging conditions, but gross margin improved and net debt was reduced. The acquisition of Roofing Industries, funded by an equity raise, is expected to be EPS accretive and offers growth and integration opportunities.
Vulcan Steel raising $87m to acquire Kiwi roofing manufacturer
Vulcan has hired Barrenjoey Capital Partners and Forsyth Barr to raise $87 million to help bankroll the purchase.
Vulcan Steel Earnings Call Transcript: H1 2025
Operating cash flow reached NZD 81 million, with disciplined cost and working capital management limiting EBITDA decline to 30% year-on-year. Signs of recovery are emerging in Queensland and New Zealand, while Victoria remains weak. Dividend payout policy was revised for flexibility.
Vulcan Steel Transcript: AGM 2024
The meeting addressed challenging market conditions, strong cash flow, and reduced debt, with a focus on growth through hybrid sites and ongoing integration of acquisitions. Five resolutions were presented, including director re-elections and executive incentives, with results to be published.
Vulcan Steel Earnings Call Transcript: H2 2024
FY 2024 saw a 9% drop in volumes and a 7% decline in gross profit per ton, with EBITDA at NZD 148 million and net profit after tax at NZD 40 million. Market conditions remain tough, but cost control, diversification, and cash flow were strong. Outlook for FY 2025 is cautious, with no earnings guidance provided.