Steel and Tube Holdings Limited

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AGM 2011 - CHAIRMAN’S ADDRESS 10-November-2011 In the year to June 2011 the company delivered a very creditable performance, particularly in the challenging economic environment
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AGM 2011 - CHIEF EXECUTIVE OFFICER’S ADDRESS 10-November-2011 This has been a year of significant change for the company with good progress across all elements of the new strategy including implementation of the “one company” operating model and the exciting new brand
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NZX ANNOUNCEMENT 24-August-2011 Listing Rule 3.3.2
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NZX ANNOUNCEMENT - BOARD APPOINTMENTS FOR STEEL & TUBE 18-August-2011 Steel & Tube Holdings Limited today announced changes to membership of the company’s board of directors
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2011 Annual Results 11-August-2011 Group profit after tax for the full year was $17.0 million compared to $5.7 million the previous year. This included a minor one-off tax expense of $289k compared to last years one-off tax expense of $4.2 million, both related to tax legislation changes announced in the New Zealand Government’s May 2010 budget
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NZX ANNOUNCEMENT 09-May-2011 Steel & Tube Holdings Limited advises that Mr Tony Candy the Chief Financial Officer and Company Secretary has resigned from his position and will leave the Company effective from 9 June 2011.
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NZX Announcement 24-February-2011 Steel & Tube Holdings Limited : Christchurch Earthquake Update
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NZX Announcement 12-February-2011 Directors’ Report For the Half Year Ended 31 December 2010
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AGM 2010 - Chairman's Address 11-November-2010 Looking at the last financial year, it was again characterised by a contrast of two halves. The first half produced a continuing decline in demand, volumes and selling prices, bringing reduced profitability, and a low first half result. The second half however saw some recovery, albeit off a low base. Margins recovered somewhat by year end while overheads reduced substantially, as the effects of management initiatives to improve processes and increase productivity took hold.
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AGM 2010 - CEO Address 11-November-2010 This has been a particularly challenging year as we, along with many other industries and organisations around the world, continued to deal with the impact from the Global Economic Crisis.
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Steel & Tube Operations - Christchurch Earthquake 07-September-2010 Steel & Tube Holdings Limited advises Christchurch Earthquake has minimal impact on operations.
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Review of Operations 12-August-2010 Group profit after tax for the full year was $5.7 million compared to $26.1 million the previous year. This included a $4.2 million one-off charge in tax expense related to the removal of tax depreciation on buildings as announced in the New Zealand Government’s May 2010 budget.
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AGM 2009 - Chairmans Address 12-November-2009 I am pleased to be able to record that the Company reported a profit after tax of $26.1 million, an increase of $3.6 million, or 16% on the previous year, on reduced turnover of $484 million.
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AGM 2009 - Chief Executive Officers Address 12-November-2009 The first half, in line with the global steel industry was buoyant with strong demand and pricing. Customers looking to increase their stock holdings to mitigate future price increases, along with increasing underlying demand, led to global steel shortages. Suppliers implemented stock allocations and prices rose further.
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Stock Exchange Announcement 13-August-2009 For the Year Ending 30 June 2009, The result for the twelve months was an after tax profit of $26.1 million. This is an increase of $3.6 million when compared with the previous year’s result.
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News Release 13-August-2009 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. This full year result comprises two very different half year performances which reflect the market conditions described below.
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Appointment of Chief Executive Officer 28-July-2009 Steel & Tube Holdings Limited today announced the appointment of Dave Taylor as its Chief Executive Officer and a Director, effective 5 October 2009.
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Announcement to the Stock Exchange 28-April-2009 In accordance with plans outlined at the Company's Annual Meeting, the Chief Executive Officer, Mr Nick Calavrias will resign as a Director on 30 April 2009 and leave the Company after 19 years of service.
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Stock Exchange Announcement 12-February-2009 The result for the six months ended 31st December 2008, was an unaudited after tax profit of $20.79 million. This compares with the $8.56 million recorded in the previous corresponding period in 2007.
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News Release 12-February-2009 The Company announced a first half trading result of $20.79 million after tax. This is an increase of $12.23 million when compared with the same period last year and consistent with the 1st quarter earnings announced in October 2008.
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Chairman's Address 13-November-2008 Before moving the adoption of the Accounts and Reports, I would like to make some brief comments about the company and its activities, and then ask our CEO Nick Calavrias to present his report.
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Chief Executive Officer's Address 13-November-2008 The year under review was certainly one of two halves. The first six months was categorised by a continuation of steel price volatility and competitive pressure evident at the tail end of the previous year leading to margin erosion...
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Steel & Tube announces CEO transition plans 13-November-2008 Steel & Tube Holdings Limited today announced at the Company’s Annual Meeting in Wellington that after 17 years as Managing Director and Chief Executive Officer, Mr Nick Calavrias will step down in early 2009 as part of an orderly transition. In making...
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Chairman's address 09-November-2008 Before moving the adoption of the Accounts and Reports, I would like to make some brief comments about the company and its activities. REVIEW OF THE FINANCIAL YEAR I am pleased to be able to report that the year in review, despite the tough t...
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Stock Exchange announcement 20-October-2008 OneSteel decides not to proceed with an offer for Steel & Tube. The Company wishes to advise that it received notification late on Friday from Onesteel Limited that it had decided not to proceed with its intent to make an offer for the shares in Steel...
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NZX announcement 29-September-2008 Steel & Tube Holdings Limited wishes to advise that it has received from OneSteel New Zealand Holdings Limited notice of its intention to make an offer under the Takeovers Code for the remainder of the Steel & Tube shares not already held by OneSteel New...
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News release - profit report for the year ending 30 June 2008 14-August-2008 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 pre...
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Stock Exchange announcement - for the year ending 30 June 2008 14-August-2008 The result for the twelve months was an after tax profit of $22.5 million. This is a decrease of $5.2 million when compared with the previous year’s result. The Directors have declared a dividend of 10 cents per share, which will be paid on 30 Septemb...
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Stock Exchange news release 14-February-2008 The Company announced a first half trading result of $10.136 million after tax. This is a decrease of $4.616 million when compared with the same period last year and in line with the forecast indicated at the Annual Meeting in November 2007. A restruc...
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Chief Executive Officer's address 09-November-2007 Before commenting on the performance of each business I would firstly like to give a brief summary on the economic conditions that the Company had to contend with during the period under review. I note that last year I made the statement that “overall,...
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News release - profit report for the year ending 30 June 2007 16-August-2007 The Company announced a full year after tax result of $27.77 million. This is a decrease of $3.05 million, or, 10%, when compared with the previous year’s result. Sales at $466.32 million were up from $439.34 million in th...
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Stock Exchange announcement - for the year ending 30 June 2007 16-August-2007 The result for the twelve months was an after tax profit of $27.77 million. This is a decrease of $3.05 million when compared with the previous year’s result. The Directors have declared a dividend of 14 cents per share, which will be paid on 28 Septe...
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Stock Exchange announcement 14-February-2007 The result for the six months ended 31 December 2007, was an unaudited after tax profit of $8.57million. This compares with the $14.75 million recorded in the previous corresponding period in 2006. This result includes an after tax provision of $1...
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