Key points
- Reported EPS up 20.0% to NZ 14.4 cents
- EBITDA up 19% to NZ$129.3m
- Successful integration of rollforming business
Full summary
Vulcan Steel Ltd announced its financial results for the year ended 30 June 2026, reporting an increase in earnings per share (EPS) by 20.0% to NZ 14.4 cents and EBITDA by 19% to NZ$129.3 million. The company saw improved operational performance, with higher sales volumes and market share growth in Australia and New Zealand. The successful integration of the rollforming business contributed significantly to the results, delivering better-than-expected outcomes and enhancing the company's value-added processing capabilities.
Outlook
The outlook for Vulcan Steel Ltd remains mixed due to economic uncertainties in both New Zealand and Australia. The company anticipates operational performance improvements and market factors to support growth, with a focus on customer service and margin improvement.