STU confirms guidance, results date

31 Jul 2019

STU CONFIRMS GUIDANCE/RESULTS TO BE ANNOUNCED 23 AUGUST 2019

Results in Line with Guidance

Steel & Tube Holdings Limited (NZX: STU) confirms that its FY19 results are expected to be in line with the guidance issued in May 2019, of FY19 EBIT between $15.5m to $17.5m. Market share and volume gains have led to an increase in revenue, disciplined cost management has seen operating costs reduce and the company has a strong balance sheet, with net debt reduced to $15m.

FY19 Results Investor and Analyst Conference Call

Steel & Tube intends to announce its results for the twelve months ended 30 June 2019 (FY19) on Friday 23 August 2019, prior to 9am NZST.

This will be followed by an analyst and investor conference call at 10.00am NZST to review the FY19 results and discuss the Company’s performance.

To attend the conference call, participants will need to dial into one of the numbers below at least 5-10 minutes prior to the scheduled call time and identify yourself to the operator. When prompted, please quote the conference code: 4365082

 New Zealand Tollfree/Freephone 0800 815 732

New Zealand, Auckland Local +64 (0)9 9760 019

Australia Tollfree/Freephone 1 800 820 237

Australia, Sydney Local +61 (0)2 9193 3761

Singapore Local +65 6320 9075

United Kingdom Local +44 (0)330 336 9411

United States Local +1 323 994 2093

United States/Canada Freephone 888 254 3590

The results presentation will be available to download from the NZX and can also be viewed online during the call by following this link: https://slideassist.webcasts.com/starthere.jsp?ei=1254722.

An online archive of the event will be available within 24 hours after the call and will be accessible for up to 90 days after the call by clicking the link above.

If you have any queries regarding the results announcement or the conference call, please contact Jackie Ellis on jackie@ellisandco.co.nz or phone +64 27 246 2505.

ENDS

For further information please contact: 
Greg Smith 
Steel & Tube CFO 
Tel: +64 21 755 803 
Email: greg.smith@steelandtube.co.nz

Jackie Ellis 
Media and communications 
Tel: +64 27 246 2505 
Email: jackie@ellisandco.co.nz