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How Will Vulcan Steel’s NZ$96m Raise Transform Its Market Position?
11:04pm on Friday 29th of August, 2025 AEST
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How Will Vulcan Steel’s NZ$96m Raise Transform Its Market Position?
11:04pm on Friday 29th of August, 2025 AEST
Key Points
FY25 revenue down 10.9%, adjusted EBITDA down 24.1%
Fully underwritten 1-for-9 entitlement offer to raise NZ$96 million
Acquisition of Roofing Industries Limited for NZ$88 million
Acquisition expected to be earnings accretive with no dividend policy change
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Vulcan Steel (ASX:VSL)
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