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Vulcan Steel (VSL)•HY26•Released 24 February 2026Revenue up 8.6% but cash conversion fell to 68.7% on working-capital buildOperating cash flow dropped 52.1% to NZ$38.7m as receivables and inventory build offset an 8.6% revenue gain.Published 20 August 2026Read briefing→
Vulcan Steel (VSL)•FY25•Released 26 August 2025Capital raise puts Vulcan Steel's debt headroom in focusThe NZ$96.3m capital raised is relevant to debt headroom, while borrowings and gearing remain the direct evidence.Published 20 August 2026Read briefing→
Vulcan Steel (VSL)•HY25•Released 11 February 2025PBT down 64% on a 13% revenue decline as operating leverage bitesOperating cash flow of $80.7m and a held 2.5 cent interim dividend partially cushion an earnings collapse driven by trading headwinds.Published 23 April 2026Read briefing→