This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.
Vulcan Steel Limited
Directory
| NZX code: | VSL |
| Short name: | Vulcan Steel |
| Legal name: | Vulcan Steel Limited |
| Industry sector: | Industrials |
| NZX50 rank: | 27 of 50 |
| Head office address: | 29 Neales Road, East Tamaki, Auckland, 2013 |
| Chairman: | Russell Chenu |
| Chief executive: | Rhys Jones |
| Financial year ended: | June |
| Locations: | New Zealand |
| Auditor: | Deloitte Limited |
Vulcan Steel Limited
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Financial statement history
A. Recent trading and performance summary:
| Total revenue |
NPAT | Earnings per share |
|
| fye June | mln | mln | cents |
| 2020 | $640 | $29 | 22 |
| 2021 | $752 | $65 | 49 |
| 2022 | $973 | $124 | 94 |
| 2023 | $1,245 | $88 | 67 |
| 2024 | $1,064 | $40 | 30 |
B. Recent financial position summary:
| Total assets |
Total Liabilities |
Equity ratio |
|
| fye June | mln | mln | % |
| 2020 | $556 | $421 | 24 |
| 2021 | $582 | $428 | 27 |
| 2022 | $795 | $610 | 23 |
| 2023 | $1,004 | $818 | 19 |
| 2024 | $906 | $734 | 19 |
C. Recent cash flows and positions:
| Cash inflows |
Cash outflows |
Cash and equiv. at year end |
|
| fye June | mln | mln | mln |
| 2020 | $76 | $67 | $14 |
| 2021 | $105 | $110 | $10 |
| 2022 | $12 | $24 | $24 |
| 2023 | $145 | $236 | $20 |
| 2024 | $169 | $165 | $24 |
D. Recent key ratio analysis:
| Earnings per share |
Price:Earnings ratio |
NTA/share | Dividend yield |
|
| fye June | cents | annual avg | dollars | annual avg % |
| 2023 | 61 | 13 | 1.3 | 8.7 |
| 2024 | 40 | 19 | 1.2 | 6.5 |
Description of trading activities
Vulcan Steel Ltd was founded in 1995 by Peter Wells. Wells's primary aim was to create a customer-focused and efficient metals-based distributor for Australasia. The initial stages of Vulcan Steel saw a large distribution of carbon steel which then included plate, coil, and steel processing. Now Vulcan Steel has grown to become a key supplier to the Australasian economy. Including 72 warehouses, manufacturing, and facilities throughout Australia and New Zealand.
Chairman Profile
Russell Chenu is an experienced corporate/finance professional executive who has held many different senior finance and management positions for companies in the ASX and now NZX. Chenu was engaged in several different roles including strategic business planning, business change, turnarounds, new market expansions, and management leadership initiatives. Chenu holds a Bachelor of commerce from the University of Melbourne and an MBA from the Macquarie Graduate School of Management.
CEO profile
Rhys Jones joined the Board of Vulcan Steel in 2006, and currently holds the position of Chief Executive Officer, and Managing Director. Previously Jones was involved in the Steel industry, including being the executive of EasySteel NZ, and the CEO of Pacific Steel and Wire Makers. Jones was also formerly the COO of Carter Holt, Harvey's Pulp, Paper and Packaging, and new ventures division at the time of the Rank Group takeover.
Links:
| Company website: | https://vulcan.co/ |
| Investor information: | https://investors.vulcan.co/Investor-Centre/ |
| NZX listing: | https://www.nzx.com/instruments/VSL |
| Annual reports: | https://investors.vulcan.co/investor-centre/?page=results-centre |