Vulcan steel

[winner69]

Good to be recognised this way - well done Vulcan

https://stocknessmonster.com/announc...sl.nzx-388292/

EBOS was runner up in this category with Warehouse third

Warm fuzzzies here - the Vulcan video entry
https://www.youtube.com/watch?v=qWt6U9cjdTE

[nztx]

Both NZX & Sharesies, possibly other participants still appear to incorrectly
reporting the 8 April 2022 Dividend as not having any NZ Imputation Credits attached


Vulcan Steel announcement 18 March 2022

https://www.nzx.com/announcements/389124

http://nzx-prod-s7fsd7f98s.s3-websit...124/366993.pdf

Part 3E

Clause 3E.1:

3E.1 Please indicate where and when information about tax components can be obtained (you may enter a url).

"New Zealand imputation credits are attached to 100% of the dividend"

Watch for grossly incorrect DWT being extracted if this is not fixed before payment date, as in
475% more DWT being taken out than should be, instead of 5% of Gross Div with full Imputation

Perhaps someone here in the loop can stir up NZX & NZRegCo on the incorrect NZX Reporting ?

[winner69]

Huge profit upgrade today

Will put a rocket under thee share price

http://nzx-prod-s7fsd7f98s.s3-websit...971/369226.pdf

[Muse]

Amazing what a marvellous company can achieve with marvellous trading conditions. Go vulcan.

[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

[Muse]

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

nearing (or passing) the peak of the cycle no doubt - hence the muted SP reaction

the impact of falling steel prices - whenever that may occur - will be far more pronounced than the slippage of volumes

[winner69]

Good on mr and Mrs wells gifting nearly 300,000 shares to Vulcan employees

Well done


https://www.nzx.com/announcements/393009

[Muse]

Good on mr and Mrs wells gifting nearly 300,000 shares to Vulcan employees

Well done


https://www.nzx.com/announcements/393009

Extremely classy.

Nothing but the utmost respect for Peter, and more latterly Vulcan.

[Sideshow Bob]

Vulcan Steel delivers a record result for FY22 - NZX, New Zealand’s Exchange

Vulcan (ASX: VSL, NZX: VSL) an Australasian-wide steel and metal products distributor and value-added processor has announced a record performance for year ended 30 June 2022 (FY22).

 Reported NPAT of NZ$124 million (m), up 91% from NZ$65m in FY21
 Reported EBITDA NZ$224m, up 68% from NZ$133m in FY21
 Adjusted NPAT NZ$142m, up 119% from NZ$65m in FY21
 Adjusted EBITDA NZ$243m, up 82% from NZ$133m in FY21
 37.5 NZ cents per share final dividend1, bring total dividend declared for the financial year to 65.0 NZ cents per share

[Sideshow Bob]

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