Steel & Tube has reported a result in line with expectations, with a substantial improvement over the preceding six-month period (2H18) following the capital restructure and as benefits from business transformation initiatives are realised. The company has reaffirmed its FY19 guidance of approximately $25m in earnings before interest and tax (EBIT).
News
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Monday, February 18, 2019 - 15:14
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Tuesday, February 12, 2019 - 15:01
Connect with us on Linkedin to keep up to date with the latest Steel & Tube updates, as well as interesting stories and news from our fascinating industry! -
Friday, November 23, 2018 - 14:01
Steel & Tube staff pulled out all stops to support Auckland’s Armistice Day Centenary commemorations. -
Friday, November 23, 2018 - 11:41
With the year nearly over, we would like to thank you for your business over 2018 and wish you a safe and happy Christmas and a prosperous New Year, from the team at Steel & Tube -
Thursday, October 25, 2018 - 21:04
Please click here to view the annual shareholders meeting for 2018. -
Wednesday, October 3, 2018 - 12:22
It has now been six months since Steel & Tube launched its ‘Striving for Excellence’ strategy, which puts the customer at the heart of all we do. The strength of our business and our future potential is becoming clear and we’re not the only ones to notice. The Board of Steel & Tube recently turned down a non-binding, indicative offer from a competitor, Fletcher Building Limited, to acquire the company. -
Tuesday, September 11, 2018 - 09:32
Steel & Tube Holdings Limited (NZX: STU) has announced results slightly ahead of guidance for the year ended 30 June 2018 (FY18), due to an improving trading performance in the last three months of the financial year, early benefits from business transformation initiatives and non-trading impacts being slightly less than forecast -
Friday, August 31, 2018 - 15:44
Recently our key suppliers have notified us of price increases across a number of our product categories. This has been magnified with the slide in the NZD over recent months. Unfortunately we therefore need to advise that our prices are increasing for the following product groups and services, for all orders and delivery’s on or after 1 October 2018 -
Thursday, August 23, 2018 - 15:38
BIM-spec™ is Steel & Tube’s new one stop portal for the AEC Industry, hosting a range of CAD and technical content across various product categories. -
Wednesday, August 15, 2018 - 09:08
Prices for finished steel and stainless steel products have been rising since the middle of last year, as a result of supplier price increases. As such we will now unfortunately need to increase our prices across our fastenings range by 8.2% which will be effective from the 24th September 2018, this applies across Steel & Tube, and Fortress Fasteners.