Vulcan Steel - Hybrid Sites — A Strong Alloy
Vulcan Steel (VSL) has a history of purchasing underperforming businesses and turning them into good ones, with the Ullrich acquisition in 2022...
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Vulcan Steel - Through the Trough, up to OUTPERFORM
The 1H24 result was above expectations, with volumes ahead and gross profit dollar per tonne (GP$/t) more robust than anticipated.
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Vulcan Steel - 1H24 Preview: Checking on the Steel
Vulcan Steel (VSL) will report its 1H24 result on Tuesday, 13 February. We expect 1H24 EBITDA down -30% with operating deleverage from volume...
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Building Sector - NZ Consents — A Year in Decline
After having run at record levels over 2021–2022, residential building consents finished the year down -25% on 2022 but still at a solid 37k.
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Building Sector - Ready-Mix Concrete — Set in Its Way
September quarter ready-mix concrete (RMC) production highlighted continued soft NZ construction activity, with volume declines on both the prior...
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