Vulcan Steel
Vulcan Steel was founded by Peter Wells in Auckland in 1995 as a steel distribution business.
The company has grown dramatically since then, both organically and through acquiring 10 established businesses.
Vulcan entered the Australian market in 2002 through the acquisition of 50% of Horan Steel, and its most important purchase was Sandvik’s Australasian stainless steel distribution business in late 2014. It bought the remaining 50% of Horan Steel in 2019.
The company is now in 16 locations around Australia, with 460 staff, and 13 locations in New Zealand, with 382 employees here. Last year it generated $451.1 million worth of sales in Australia and $280.4m in New Zealand.
Announcements
| Title | Date | Type |
|---|---|---|
| Vulcan to present at the Macquarie Australia Conference | Wed, May 04 2022 09:02 am | GENERAL |
| Trading update and earnings upgrade | Tue, Apr 26 2022 09:02 am | GENERAL |
| Vulcan Steel ASX CEO Connect Conference Presentation | Tue, Apr 12 2022 10:12 am | GENERAL |
| Vulcan Steel Limited (“VSL”) – Imputation Credits | Fri, Apr 08 2022 04:59 pm | MEMO |
| Vulcan increases funding line | Fri, Apr 01 2022 08:30 am | GENERAL |
| Dividend Information Lodged with ASX Appendix 3A.1 | Fri, Mar 18 2022 01:06 pm | GENERAL |
| Change of Director’s Interest Notice | Mon, Mar 07 2022 10:36 am | SHINTR |
| SPH Notice - Forsyth Barr Investment Management Ltd | Fri, Mar 04 2022 05:19 pm | SHINTR |
| Winner of 2021 Deloitte Top 200 Award Best Growth Strategy | Thu, Mar 03 2022 12:02 pm | GENERAL |
| Appointment and Resignation of Company Secretary | Tue, Mar 01 2022 09:46 am | ADMIN |
Directors and Executives
Wayne Boyd
Non-Executive Director
Adrian Casey
Chief Operating Officer
Russell Chenu
Chair
Bart de Haan
Independent Non-Executive Director
Pip Greenwood
Independent Non-Executive Director
Rhys Jones
Chief Executive Officer and Managing Director
Carolyn Steele
Independent Non-Executive Director
Peter Wells
Non-Executive Director
Kar Yue Yeo
Chief Financial Officer
Company Details
Registered Office:
Grant Thornton New Zealand, Level 4, Grant Thornton House, 152 Fanshawe Street, Auckland
Postal Address:
Grant Thornton New Zealand, Level 4, Grant Thornton House, 152 Fanshawe Street, Auckland
Telephone:
+6492737214
Facsimile:
n/a
Website:
https://vulcan.co/
First Listed:
04/11/2021
Balance Date:
30 June
Major Holdings Announcements
| Date | Name | No. Held | % | Current |
|---|---|---|---|---|
| 07/03/22 | Takutai Limited as trustee of the T | 18,666,039 | 14.01 | 14.20 |
| 04/03/22 | Forsyth Barr Investment Management | 6,589,114 | - | 5.01 |
| 08/11/21 | Helen Cynthia Moore, Patrick James | 5,400,000 | 6.85 | 4.11 |
| 08/11/21 | Vulcan Sale Company Limited | - | 39.83 | - |
| 08/11/21 | Rhys Jones and Lorraine Susan Taylo | 4,718,000 | 5.98 | 3.59 |
| 08/11/21 | Wide View Enterprises Limited | 4,604,009 | 5.84 | 3.50 |
| 08/11/21 | Adrian John Casey, Henderika Fiona | 5,870,711 | 7.45 | 4.47 |
| 08/11/21 | Partitio Trustee Limited as trustee | 7,303,688 | 9.26 | 5.56 |
| 04/11/21 | Vulcan Steel Limited | 79,064,144 | - | 60.17 |
Director’s Interests Announcements
no directors' interests listed
Analysts’ Forecasts
| profit2021 | profit2022 | eps2021 | dps2021 | sales2021 | ebit2021 | ebitda2021 | |
|---|---|---|---|---|---|---|---|
| mean | 99.2 | 113.8 | 87.5 | 61.0 | 912.9 | 176.3 | 204.9 |
| high | 99.2 | 113.8 | 87.5 | 61.0 | 912.9 | 176.3 | 204.9 |
| low | 99.2 | 113.8 | 87.5 | 61.0 | 912.9 | 176.3 | 204.9 |
| sample | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
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Last
Updated: 03/03/2022