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The latest announcement is out from Vulcan Steel Ltd. ( (AU:VSL) ).
Vulcan Steel Limited has released a preliminary update on its financial year 2025 results, expecting EBITDA between NZ$106 million to NZ$109 million and NPAT between NZ$14 million to NZ$16 million. Despite economic challenges in New Zealand and Australia, the company has managed to reduce its net debt and maintain compliance with financial covenants. The company has observed signs of stabilization in daily sales activity and anticipates a stable sales volume in the first half of FY26, with potential improvement in the latter half, positioning Vulcan to effectively respond to improving market conditions.
The most recent analyst rating on (AU:VSL) stock is a Hold with a A$7.50 price target. To see the full list of analyst forecasts on Vulcan Steel Ltd. stock, see the AU:VSL Stock Forecast page.
More about Vulcan Steel Ltd.
Vulcan Steel Limited is an Australasian-wide industrial product distributor and value-added processor, founded in 1995. The company operates 66 logistics and processing facilities and employs approximately 1,350 people across its Steel and Metals divisions.
Average Trading Volume: 70,777
Technical Sentiment Signal: Sell
Current Market Cap: A$805.2M
For detailed information about VSL stock, go to TipRanks’ Stock Analysis page.