Sharechat Logo

Steel & Tube Holdings Limited (NZX: STU) October 2021 YTD Trading Performance

Thursday 4th November 2021

Text too small?

Steel & Tube Holdings Limited (NZX: STU ) has reported a 14% year on year increase in revenue for the first four months of the financial year to the end of October 2021.

The company has continued to build on the strong financial and operational performance from the last financial year. Revenue for the first four months of the financial year to date has gained significant momentum, more than offsetting the impacts of Covid-19 lockdowns during August and September. All Steel & Tube’s businesses have been fully operational following the move to Level 3 for Auckland from 22 September 2021, with robust Covid-19 protocols in place.

Demand for steel as a sustainable and preferred product remains strong across all sectors and the company has invested in inventory, particularly essential, high demand products.

Steel & Tube CEO Mark Malpass will be presenting at the NZX’s Retail Investor Webinar today (4 November 2021) at 11am. Steel & Tube encourages all interested parties to register to attend this webinar.

Register at

Please see the links below for details

October 2021 YTD Trading Performance

NZX Retail Presentation November 2021

Source: Steel & Tube Holdings Limited

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

ArborGen Holdings Limited (NZX: ARB) Updates Market on FY22 Guidance
My Food Bag Group Limited (NZX: MFB) Q3 FY22 Trading Update
ikeGPS Group Limited (NZX: IKE) signs $0.9m deal with tier-1 electric utility
Tower Limited (NZX: TWR) Update on Tonga Volcanic Eruption and Tsunami Event
21st January 2022 Morning Report
Trade Window Holdings Limited (NZX: TWL) TradeWindow and Mastercard teams up
Genesis Energy Limited (NZX: GNE) FY22 Q2 Performance Report
Seeka Limited (NZX: SEK) Seeka announces dividend of 13 cents per share
20th January 2022 Morning Report
Z Energy Limited (NZX: ZEL) Q3FY33 Operating Data