OLYMPIC STEEL Aktie

 

Conference Call to Be Held 10:00 a.m. ET on Friday, August 1, 2025CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its second-quarter 2025 financial results after the market closes on July 31, 2025. A webcast to discuss these results will be held on Friday, August 1, 2025, at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer; Andrew Greiff, President and Chief Operating Officer; and Richard A. Manson, Chief Financial Officer. To access the webcast, please visit the Company's website at www.olysteel.com. If you are unable to listen to the live event, the webcast will be archived and available for replay on the company's website. About Olympic Steel Founded in 1954, Olympic Steel (Nasdaq: ZEUS) is a leading U.S. metals service center focused on the direct sale and value-added processing of carbon and coated sheet, plate, and coil steel products; stainless steel sheet, ...

Das Instrument OYS US68162K1060 OLYMPIC STEEL EQUITY wird ex Dividende/Zinsen gehandelt am 02.06.2025 The instrument OYS US68162K1060 OLYMPIC STEEL EQUITY has its ex-dividend/interest day on 02.06.2025...

CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that Peter J. Scott was elected to its Board of Directors at the Company's Annual Meeting on May 2. Long-time director Michael G. Rippey has retired from the Board after 10 years of service. “Peter has a long and storied career in both the metals and finance communities. His expertise will help guide our future growth initiatives in order to enhance shareholder value,” said Michael D. Siegal, Executive Chairman. “We are pleased to have Peter's knowledge of global markets, especially in these volatile times, and his ideas and viewpoints will add a fresh perspective in the markets we currently serve.” Mr. Scott founded Headwall Partners, an independent investment banking firm focused on the metals and mining industries, in 2016. He currently serves as the Managing Partner. Mr. Scott previously served as Managing Director and Americas Head of Industrials, Global Head of Steel & M...

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Diversification strategy and commitment to operational disciplines continue to deliver solid results Company's flat-rolled shipping levels up 24% and 6% versus fourth quarter and first quarter of 2024, respectively Olympic Steel is well-positioned to support increased manufacturing in the U.S. CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2025. Net income for the first quarter totaled $2.5 million, or $0.21 per diluted share, compared with net income of $8.7 million, or $0.75 per diluted share, in the first quarter of 2024. There was no LIFO income or expense in the first quarter of 2025, compared with $0.4 million of LIFO expense in the first quarter of 2024. EBITDA for the first quarter of 2025 was $16.1 million, compared with $23.3 million earned in the first quarter of 2024. The company reported sales for the first quarter of 2025 totaling $493 million, compared with $527...

CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, announced that it has amended and extended the maturity of its existing $625 million, five-year asset-based revolving credit facility through April 17, 2030. The revolving credit facility is secured primarily by the accounts receivable, inventory, property, equipment and select real estate owned by the Company. The revolving credit facility includes an increase option of up to $200 million. After giving effect to the amendment and the extension, the Company had approximately $269 million of availability under the revolving credit facility. The Company intends to use funds borrowed under the revolving credit facility for working capital needs, acquisitions and funding of future growth initiatives. “Through the support of the syndicate of banks involved in our revolving credit facility, the amendment and five-year extension provide an excellent source of low-cost capital to Olympic Steel,” said Richa...

CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, welcomes Alex Hegler as General Manager for its Action Stainless facility in Rock Hill, South Carolina. Mr. Hegler joins the Company with a background in sales and strategic leadership in the metals industry. Most recently, he served as Sales Manager for a global specialty metals distributor and service center. In his new role, Mr. Hegler will have responsibility for the day-to-day operations and sustainable growth of the Rock Hill facility. He will report directly to Jessica L. Burroughs, Vice President – Action Stainless. “Alex is an effective commercial leader with a proven record of strategic market expansion,” said Andy Markowitz, President – Specialty Metals. “His global experience will help drive fabrication-focused growth for the Rock Hill facility, Action Stainless and Olympic Steel, particularly as large OEMs and other market leaders evaluate reshoring options for metal processing.?...

The New facility is ZEUS' next step in its strategic growth plan for Action Stainless and its entire specialty metals business segment....

Conference Call to Be Held 10:00 a.m. ET on Friday, May 2, 2025 CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its first-quarter 2025 financial results after the market closes on May 1, 2025. A webcast to discuss these results will be held on Friday, May 2, 2025, at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer; Andrew Greiff, President and Chief Operating Officer; and Richard A. Manson, Chief Financial Officer. To access the webcast, please visit the Company's website at www.olysteel.com. If you are unable to listen to the live event, the webcast will be archived and available for replay on the company's website. About Olympic Steel Founded in 1954, Olympic Steel (Nasdaq: ZEUS) is a leading U.S. metals service center focused on the direct sale and value-added processing of carbon and coated sheet, plate, and coil steel products; stainless steel sheet, plate, b...

CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, has welcomed Joseph D. Goins as General Manager for its Action Stainless facility in Dallas, Texas. Mr. Goins is a veteran of the United States Air Force. He brings to his role numerous years of experience in the metals and manufacturing industries, including leadership roles in strategic sourcing, procurement, sales and operations management. In his new role, Mr. Goins will have responsibility for the day-to-day operations of the Dallas facility, including its strategic growth as Action Stainless continues to expand its fabrication business. He will report directly to Jessica L. Burroughs, Vice President – Action Stainless. “Our Action Stainless business has undergone a significant transformation in the past 12-18 months, and Joe's leadership at our Dallas facility will help us deliver on our strategy for continued growth in our specialty metals and fabrication businesses,” said Andy Markowitz,...

CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, has announced the promotion of Jerry Gideon to the newly created role of Vice President – Specialty Metals Sales. Mr. Gideon joined the Company in a commercial leadership role in 2010 as part of Olympic Steel's Integrity Stainless acquisition. In 2014, he became General Manager for the Integrity Stainless facility in Streetsboro, Ohio. Mr. Gideon then moved into his most recent position as Commercial Director – Specialty Metals in 2023. In his new role as Vice President, Mr. Gideon will report directly to Andy Markowitz, President – Specialty Metals. “During his more than 15 years with Olympic Steel, Jerry has made significant contributions to our specialty metals growth,” said Markowitz. “This promotion is a well-deserved strategic move designed to accelerate growth in our specialty metals business – particularly, as we continue to expand our fabrication services and capabilities for th...

CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Scott M. Zito to the newly created role of Vice President – Business Development. Mr. Zito joined Olympic Steel in 1983 as an Inside Sales Representative with a wide range of responsibilities. By the mid-1980s, Mr. Zito began traveling for the Company as one of its first Outside Sales Representatives, covering upstate New York and later the Southeastern U.S. By 1995, he had moved to the greater Chicago area, serving in a variety of commercial roles, including his most recent position as Director – Business Development. In his new role, Mr. Zito will continue to drive growth by facilitating commercial partnerships across Olympic Steel's portfolio of businesses. He will report directly to Andrew S. Greiff, President and Chief Operating Officer. “We're pleased to recognize Scott's many contributions during his more than 40 years of experience in the metals industr...

Das Instrument OYS US68162K1060 OLYMPIC STEEL EQUITY wird ex Dividende/Zinsen gehandelt am 03.03.2025 The instrument OYS US68162K1060 OLYMPIC STEEL EQUITY has its ex-dividend/interest day on 03.03.2025...

Das Instrument OYS US68162K1060 OLYMPIC STEEL EQUITY wird cum Dividende/Zinsen gehandelt am 28.02.2025 und ex Dividende/Zinsen am 03.03.2025 The instrument OYS US68162K1060 OLYMPIC STEEL EQUITY has its pre-dividend/interest day on 28.02.2025 and its ex-dividend/interest day on 03.03.2025...

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All three segments deliver EBITDA-positive results every quarter of 2024 despite challenging market conditions Fourth quarter 2024 Adjusted EBITDA was sequentially higher than third quarter 2024 Company continues to execute on diversification strategy, completing eighth acquisition in the past seven years Shareholders rewarded with a quarterly dividend increase of 7% from $0.15 to $0.16 per share CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2024. Fourth-Quarter Results Net income for the fourth quarter totaled $3.9 million, or $0.33 per diluted share, compared with net income of $7.4 million, or $0.64 per diluted share, in the fourth quarter of 2023. The results include $3.1 million of LIFO pre-tax income in the fourth quarter of 2024, compared with $5.3 million of LIFO pre-tax income in the fourth quarter of 2023. Adjusted EBITDA for the fourth quarter of 2024 was $14.5 mill...

CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, has announced the promotion of Brant Harbert to the role of General Manager for the Company's three Bedford Heights, Ohio, and Dover, Ohio, facilities. Mr. Harbert's predecessor, Kevin Miller, has been promoted to a new leadership role within the organization. Mr. Harbert joined the Company in 2014 as an Inside Sales Representative for Olympic Steel's Bedford Heights and Dover facilities before moving into his most recent role as Regional Sales Manager. In his new role, Mr. Harbert will be responsible for the daily operations and growth of the Company's Bedford Heights and Dover facilities, which include one of the Company's three temper mills. “In the decade Brant has been with Olympic Steel, he has had a significant impact on our growth in the region, and we're proud to recognize his contributions to the Company and his continued advancement within the organization,” said David J. Gea, Pres...

Conference Call to Be Held 10:00 a.m. ET on Friday, February 21, 2025CLEVELAND--(BUSINESS WIRE)--Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its fourth-quarter 2024 financial results after the market closes on February 20, 2025. A webcast to discuss these results will be held on Friday, February 21, 2025, at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer; Andrew Greiff, President and Chief Operating Officer; and Richard A. Manson, Chief Financial Officer. To access the webcast, please visit the Company's website at www.olysteel.com. If you are unable to listen to the live event, the webcast will be archived and available for replay on the company's website. About Olympic Steel Founded in 1954, Olympic Steel (NASDAQ: ZEUS) is a leading U.S. metals service center focused on the direct sale and value-added processing of carbon and coated sheet, plate, and coil steel products; stainless ste...