{
  "id": 3140680,
  "title": "Vulcan Steel FY26 slides: revenue jumps 22% on rollforming entry",
  "url": "https://urgent.news/2026/08/24/vulcan-steel-fy26-slides-revenue-jumps-22-on-rollforming-entry",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T23:29:11.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/vulcan-steel-fy26-slides-revenue-jumps-22-on-rollforming-entry-93CH-4874296"
  },
  "original_language": "en",
  "account": "Vulcan Steel Limited, an Australasian steel and metals distributor, reported its FY2026 annual results on August 25, 2026, highlighting a notable 22% revenue increase to NZ$1,159 million. This marked the company's first year-on-year growth since FY2022. Operating across 82 sites in Australia and New Zealand, Vulcan's successful rollforming market entry and improved underlying business conditions drove the growth. With over 1,600 employees serving more than 26,000 customers, the company showcased solid performance across several key indicators. Revenue surged to NZ$1,158.8 million from NZ$948.1 million in FY2025, with NZ$135 million contributed by Roofing Industries operations and NZ$75 million from business improvement. Adjusted EBITDA rose by 16.2% to NZ$130.3 million, while adjusted net profit after tax increased by 21.1% to NZ$21.7 million, translating to earnings per share of 15.1 cents. Sales volume climbed 18% to 252,820 tonnes, and customer count grew by 4,489 or 21% year-on-year. Notably, gross profit per tonne improved by 0.4% to NZ$1,524. Despite a slight compression in gross margin to 33.2%, Vulcan's strategic initiatives in FY2026, including the rollforming market entry, contributed significantly to the company's growth and operational excellence.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}