Vulcan Steel reports 60.6% drop in net profit

Vulcan Steel has reported a 60.6% decrease in net profit after tax for the financial year ended June 30, 2025.

The company's reported NPAT was $15.7 million, down from $40m in the previous year.

Vulcan's reported ebitda also declined by 26.1%, reaching $109m.

Adjusted for significant items, the company's NPAT was $17.9m, down 55% from $40m in FY24.

Operating cashflow decreased by 37.8% to $105m.

Despite the challenging economic environment, Vulcan achieved a reduction in net debt of $44m.

The company declared a final dividend of 3.5 cents per share for FY25.

Looking ahead, Vulcan anticipates stable daily sales volumes in the first half of FY26, with a gradual firming of activity expected in the second half.