Company Profile

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.

See original story by Brian Gaynor.


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
Disclaimer
Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 03/03/2022
Public sector project FREE
Echoes of Think Big in today's climate choices
Nikitin Sallee | Sat, 28 May 2022

Climate change demands huge and important decisions by central government. Have we learned the right lessons from Think Big? Former energy policy adviser John Boshier's new book, Power Surge, traverses those times.

Opinion
Putin's war is a challenge to global corporate conscience
David Brain | Sat, 28 May 2022

Global businesses with strong retail brands appear the most likely to stop doing business in Russia altogether, but there are holdouts.

On the Money
ON THE MONEY: Greg Foran, Straker and Ryman Healthcare
Victoria Young | Sat, 28 May 2022

OTM this week: The PM’s US tour, Grant Robertson’s golden rules, Greg Foran and more.