Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Lithium
43.05
1.39%
Gold
2,762.20
1.01%
Copper
4.39
0.63%
Oil
72.24
2.48%
Bitcoin
67,434.22
0.11%
FTSE 100
8,306.54
(0.14%)
Nikkei 225
38,411.96
(1.34%)
Dow Jones
42,924.89
0.11%
Iron Ore
100.70
(1.08%)
USD/AUD
0.67
0.29%
Hang Seng
20,498.95
0.32%
Vulcan Steel (ASX: $VSL) reports decline in quarterly revenue
- Author: Stock Piper
Vulcan Steel's first quarter FY25 performance
Vulcan Steel (ASX:VSL), an Australasian distributor and processor, reported a 13% decrease in revenue for the first quarter of FY25. Revenue fell to NZ$263.1 million from NZ$304.0 million in the same period last year. The company's EBITDA also dropped by 30% to NZ$33.1 million, with sales volumes declining by 10%.
Vulcan Steel's strategic outlook
Vulcan Steel Limited experienced a challenging first quarter for FY25, with a significant drop in revenue and EBITDA, alongside a decrease in sales volume. Despite these hurdles, the company successfully reduced its net debt by NZ$22 million, maintaining compliance with its banking covenants. Looking ahead, Vulcan Steel is optimistic about 2025, anticipating improved conditions due to increased business confidence following monetary policy adjustments in New Zealand. The company remains focused on navigating current economic challenges while preparing for a potential market recovery.
CEO's insights on market conditions
Business conditions remained soft, particularly in New Zealand, and are expected to continue through the end of 2024. However, we see promising signs for 2025, especially with the Reserve Bank of New Zealand's reduction in the official cash rate since August 2024, which has increased business confidence and pre-sales activity.
VULCAN STEEL LIMITED
VSL | ASX | Materials
8.160(+0%)
At close 21/10 (AEDT)
Market cap
$1.1B
Volume
28,052
DY Yield
0.025899999
PE Ratio
30.222221
52 Week Range
6.24 - 8.76
1YR Return
N / A
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