middle.news

How Will Vulcan Steel’s NZ$96m Raise Transform Its Market Position?

11:04pm on Friday 29th of August, 2025 AEST Materials
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Vulcan Steel (ASX:VSL)
OPEN ARTICLE