Key points
- Revenue increased by 22% to NZ$1,158.8 million
- EBITDA increased by 16% to NZ$130.3 million
- NPAT increased by 39% to NZ$21.8 million
Full summary
Vulcan Steel Ltd reported strong financial performance for the full year ended 30 June 2026. Revenue from ordinary activities rose by 22% to NZ$1,158.8 million, up from NZ$948.1 million in FY25. EBITDA increased by 16% to NZ$130.3 million, while EBIT rose by 10% to NZ$67.8 million. Net profit after tax (NPAT) from ordinary activities before significant items increased by 28% to NZ$22.8 million, and after significant items, NPAT increased by 39% to NZ$21.8 million. The company also saw a rise in net tangible assets per share to NZ$1.77 from NZ$1.20 in the previous year. The acquisition of Roofing Industries Limited contributed significantly to the financial results, adding NZ$135.1 million in revenue and NZ$9.3 million in NPAT attributable to shareholders.
Guidance
NPAT expected to grow by 25% in FY27
Outlook
Vulcan Steel Ltd expects continued growth in NPAT by approximately 25% in FY27, driven by organic growth and the integration of acquired entities.