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.

1997 Half Yearly Report

1996 Annual Report

HIGHLIGHTS: Acquisitions: A 51% interest acquired in November 1995 of steel distributor, A J Forsyth & Company Limited, based in British Columbia. In February 1996, the rollforming assets of Metalform (Dannevirke) Limited were purchased. Purchase of Christchurch based Southern Cross Engineering Holdings Limited in April 1996. Relocations: Stewart Steel Christchurch and Fastening Systems Auckland were relocated to new purpose-built leased premises. Employee Shares: The Company’s employees were invited to participate in a Fourth Offer of shares in July 1995.

1996 Half Yearly Report

1995 Annual Report

HIGHLIGHTS: Record Profit: Net profit after tax of $27.4 million. Dividends: A final dividend of 20 cents per ordinary share recommended bringing total payment over 12 month period to 40 cents per share, an effective 25% increase from 1994. Increase in Sales: A 12% increase in sales from $299.8 million to $335.7 million. Customer Service: Robt Stone achieved certification to ISO 9001 and Merchandising Division achieved certification to ISO 9002. Export Opportunities: Further development of export opportunities in South East Asia.

1994 Annual Report

HIGHLIGHTS: Net Profit: Net profit after tax of $26.3 million*. Final Dividend: Final dividend of 15 cents per ordinary shares recommended, bringing a total payment for 15 month period to 40 cents per share. Increase in Sales: a 33% increase in sales from $275 million to $367 million*. Operating Expenses: Operating Expenses: Operating Expenses contained. Customer Service: Customer service enhanced through the upgrading of service centres and investment in new processing equipment. New Export Opportunities: Development of new opportunities for Robt Stone in South East Asia.

1993 Annual Report

HIGHLIGHTS: APRIL 1992: Acquisition of the Stewart Steel steel merchandising branches. Sale of the ordinary shares in New Zealand Steel Limited. JUNE: Acquisition of Taylor Industries steel roofing and cladding operations. AUGUST: Acquisition by Motorcorp Holdings Limited of Jaguar wholesale cars and parts franchise for New Zealand. OCTOBER: Sale of the four remaining trading businesses of MacEwans Machinery. DECEMBER: Acquisition by Motorcorp Holdings Limited of Archibald and Shorter, Auckland, retailer of Jaguar cars.

1992 Annual Report

HIGHLIGHTS: The profit after tax of $8.0m was 91% ahead of last year’s profit before extraordinary items of $4.2m. This result was achieved despite a 12% drop in sales from $286m to $251m. Although sales in steel merchandising were lower, an improved profit was earned. The contracting operations also had higher earnings, mainly due to a lift in Robt Stone’s performance. Motorcorp Holdings Limited (50% owned) had an unprofitable year, which is a reflection of the prevailing state of the car market.