Date for 1HFY24 results announcement and segment disclosure
Vulcan Steel Limited
29 Neales Road, East Tamaki, Auckland, New Zealand
e: investor@vulcan.co | w: vulcan.co
Vulcan Steel Limited (ASX: VSL, NZX: VSL)
ASX and NZX announcement
25 January 2024
Date for 1HFY24 results announcement and segment disclosure
Vulcan Steel Limited (Vulcan) advises that the company plans to release its half-year
results (relating to the period 1 July 2023 to 31 December 2023) (1HFY24) to the ASX and NZX
at 9:00am NZDT (7:00am AEDT) on Tuesday, 13 February 2024.
Vulcan will host a conference call to discuss the 1HFY24 results.
Webcast and conference call details:
Date: Tuesday, 13 February 2024
Start time: 10:45am NZDT, 8:45am AEDT
Webcast: https://webcast.openbriefing.com/vsl-hyr-2024/
(listen mode only)
An online archive of the webcast event will be available
approximately four hours after the webcast.
Conference call: Conference call participants can register for the call at the link
below:
https://registrations.events/direct/OCP65943
In Vulcan’s soon to be released 1HFY24 result, the company will be realigning its statutory
accounts segment disclosure for consistency with its internal practice. Previously, internal
allocation of corporate costs to operating segments was not reflected in Vulcan’s statutory
accounts segment note. This upcoming change will affect Vulcan’s disclosed segment
earnings and corporate costs, but will have no impact on overall earnings. The impact of
this change on segment earnings and corporate costs for the financial year ended 30 June
2023 (FY23) is included in the Appendix to this announcement.
ENDS
Kar Yue Yeo
Investor and media contact
Email: karyue.yeo@vulcan.co
Phone: +64 9 273 7214
This announcement was authorised by Vulcan’s Board of Directors.
About Vulcan
Founded in 1995, Vulcan is an Australasian-wide industrial product distributor and value-
added processor with 70 logistics and processing facilities employing approximately
1,300 employees across the company’s Steel and Metals divisions.
Vulcan Steel Limited
29 Neales Road, East Tamaki, Auckland, New Zealand
e: investor@vulcan.co | w: vulcan.co
APPENDIX
Prior After Prior After Prior After
Revenue638.0 638.0 606.9 606.9 1244.8 1244.8
Operating Segment
EBITDA
Steel64.3 62.1 48.9 46.8 113.2 108.9
Metals66.6 65.0 64.4 62.3 131.0 127.3
Corporate excluding significant items -15.7 -10.6 -9.6 -6.8 -25.3 -17.4
Total EBITDA before significant items 115.1 116.6 103.8 102.3 218.9 218.9
Significant items0.0 -1.5 -10.2 -8.7 -10.2 -10.2
Total EBITDA including significant items 115.1 115.1 93.6 93.6 208.7 208.7
D&A-21.0 -21.0 -24.3 -24.3 -45.3 -45.3
EBIT94.1 94.1 69.3 69.3 163.4 163.4
Finance charges-17.4 -17.4 -21.2 -21.2 -38.5 -38.5
Profit Before Tax76.7 76.7 48.2 48.2 124.9 124.9
Tax-22.4 -22.4 -14.6 -14.6 -37.0 -37.0
Net Profit After Tax54.4 54.4 33.5 33.5 87.9 87.9
Geographical Segment
EBITDA
New Zealand57.4 55.6 48.2 53.3 105.6 108.9
Australia73.4 71.5 65.2 55.8 138.5 127.3
Corporate including significant items-15.7 -12.0 -19.7 -15.5 -35.5 -27.5
Total EBITDA including significant items 115.1 115.1 93.6 93.6 208.7 208.7
1HFY232HFY23FY23
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.