Originally Posted by
winner69
From the announcement
Vulcan’s overall revenue is up 34% year-on-year (“yoy”) for the nine months to 31 March
2022 to approximately NZ$700 million (unaudited). The Company’s Steel segment
revenue lifted 42% yoy while its Metals segment revenue grew 21% yoy during this
period. Overall sales volume recorded a 5% yoy increase for the same period. Steel
volume lifted 6% yoy while Metals volume grew 2% yoy during this period
I assume they are all 9 month comparisons (yoy)
So revenues up 34% yoy over 9 months - after 6 months they were up 35% you so not too bad
Volume up 5% yoy over 9 months but after 6 months they were up 10% yoy
Seems to suggest that volume growth over the last 3 months have declined yoy (the 10% falling to 5%)
Great that prices are holding at elevated levels and the extra margin no doubt feeding to increased profits as per guidance
Bit of worry looking forward if volumes are on the decline