Shareholder Reports

You can download Steel & Tube Holdings Limited Shareholder Reports by clicking on the links below.

PLEASE NOTE: Files are available in Portable Document Format (PDF) format. You will need a PDF reader, such as Adobe Reader or similar.

2011 Half Yearly Report

2010 Annual Report

The financial result for the year was an after tax profit of $5.7 million compared to $26.1 million the previous year. Included in the result is a one-off charge in tax expense of $4.2 million relating to the budget announcement in May 2010 and in particular to the removal of tax depreciation on buildings. This expense is a non-cash adjustment that has no effect on the Company’s underlying profitability, dividends or cash flows for the year ended 30 June 2010.

2010 Half Yearly Report

2009 Annual Report

The Company announced a full year after tax result of $26.1 million. This is an increase of $3.6 million or 15.9%, when compared with the previous year’s result. Sales at $484 million were $20 million lower than last year.

Previously announced results for the six months to 31 December 2008 were sales revenue of $274 million and net profit after tax of $20.8 million. For the second half of the financial year, the sales revenue was $210 million and net profit after tax was $5.3 million.

2009 Half Yearly Report

2008 Annual Report

The Company announced a full year after tax result of $22.5 million. This is a decrease of $5.2 million, or 18.8%, when compared with the previous year’s result. Sales at $504 million were up from $466 million in the previous year. Normalised profit after restructuring and asset sales for the year amounted to $23.3 million.

2008 Half Yearly Report

2007 Annual Report

Awarded the 2007 ACC Thinksafe Workplace Safety Award for the Wellington region. As part of our facilities upgrade plans, we re-located our Hamilton and Mount Maunganui branches in Distribution and Roofi ng and the Wellington Roofi ng branch to new purpose-built leased premises. New Fastening branches were opened in Hamilton, Palmerston North and Mount Maunganui. New Chain and Rigging and Safety Solutions branch opened at Petone. Steel and Tube staff participated in the Cancer Society’s Wellington region ‘Relay for Life’ and raised $10,000. The company matched the amount raised.

2007 Half Yearly Report

2006 Annual Report

Dividends maintained at 32 cents per share. Increase of $25 million in operating cash flows. Early adoption of NZIFRS. Chain and Rigging business acquired August 2005. Stainless Steel Distribution business acquired April 2006. 2005 Competenz Award for outstanding Occupational Health & Safety practices.