Olympic Steel

Webcast Alert: Olympic Steel to Announce First-Quarter 2024 Financial Results After Market Closes on May 2, 2024

Retrieved on: 
Wednesday, April 3, 2024

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its first-quarter 2024 financial results after the market closes on May 2, 2024.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its first-quarter 2024 financial results after the market closes on May 2, 2024.
  • A webcast to discuss these results will be held on Friday, May 3, 2024 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.
  • If you are unable to listen to the live event, the webcast will be archived and available for replay on the company’s website.

Olympic Steel Reports Fourth-Quarter and Full-Year 2023 Results

Retrieved on: 
Thursday, February 22, 2024

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2023.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2023.
  • Adjusted EBITDA for the fourth quarter of 2023 was $16.7 million, compared with $11.9 million in the fourth quarter of 2022.
  • Sales for the fourth quarter of 2023 totaled $489 million, compared with $520 million in the fourth quarter of 2022.
  • The results include $8.3 million of LIFO pre-tax income in 2023, compared with $0.6 million of LIFO pre-tax expense in 2022.

Webcast Alert: Olympic Steel to Announce Fourth-Quarter 2023 Financial Results After Market Closes on February 22, 2024

Retrieved on: 
Wednesday, January 24, 2024

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its fourth-quarter 2023 financial results after the market closes on February 22, 2024.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its fourth-quarter 2023 financial results after the market closes on February 22, 2024.
  • A webcast to discuss these results will be held on Friday, February 23, 2024 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.
  • If you are unable to listen to the live event, the webcast will be archived and available for replay on the company’s website.

Olympic Steel Promotes Anthony G. Dominic to Vice President of Safety, Health and Environment

Retrieved on: 
Friday, January 19, 2024

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Anthony G. Dominic to Vice President – Safety, Health and Environment (SH&E).

Key Points: 
  • Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Anthony G. Dominic to Vice President – Safety, Health and Environment (SH&E).
  • Mr. Dominic joined the Company in 2018 as Director – Safety, Health and Environment to lead the organization’s SH&E efforts.
  • In total, he has more than 33 years of SH&E expertise from his time at Olympic Steel as well as experience at Whirlpool Corporation, General Electric and Culligan International.
  • In his new role, Mr. Dominic will continue to lead the safety programs and teams across all Olympic Steel locations.

Olympic Steel Reports Third-Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2023.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2023.
  • EBITDA for the third quarter of 2023 was $27.1 million, compared with $23.8 million in the third quarter of 2022.
  • Third-quarter 2023 results include $2.0 million of LIFO pretax income and $4.0 million of pretax income from the Employee Retention Credit (under the CARES Act), compared with $1.5 million of LIFO pretax expense in the same period a year ago.
  • “Olympic Steel’s performance in a challenging third-quarter market demonstrates the benefits of our actions to deliver more consistent results in all environments,” said Richard T. Marabito, Chief Executive Officer.

Olympic Steel Welcomes George R. Frost as Director of National Sales – Aluminum

Retrieved on: 
Monday, October 9, 2023

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that George R. Frost has joined the Company in the role of Director of National Sales – Aluminum.

Key Points: 
  • Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that George R. Frost has joined the Company in the role of Director of National Sales – Aluminum.
  • Frost joins Olympic Steel with nearly two decades of metals industry experience, including several commercial and distribution roles of increasing responsibility with national mills.
  • George brings a wealth of industry, product and commercial expertise that will help fuel our continued expansion into the aluminum market,” said Andy Markowitz, President – Specialty Metals.
  • “We are excited to welcome him to the team and will count on his contributions to help execute our aluminum growth strategy.”
    Mr.

Webcast Alert: Olympic Steel to Announce Third-Quarter 2023 Financial Results After Market Closes on November 2, 2023

Retrieved on: 
Wednesday, October 4, 2023

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its third-quarter 2023 financial results after the market closes on November 2, 2023.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its third-quarter 2023 financial results after the market closes on November 2, 2023.
  • A webcast to discuss these results will be held on Friday, November 3, 2023 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.
  • If you are unable to listen to the live event, the webcast will be archived and available for replay on the company’s website.

Olympic Steel Acquires Central Tube & Bar

Retrieved on: 
Monday, October 2, 2023

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that it has acquired Central Tube & Bar (CTB).

Key Points: 
  • Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that it has acquired Central Tube & Bar (CTB).
  • The business offers a range of value-added fabrication services, including tube laser cutting, tube bending, robotic welding, flat laser burning and brake press forming.
  • The business will continue to operate as Central Tube & Bar, an Olympic Steel Company, led by Dustin Ward, President, and his experienced management team.
  • “The acquisition of Central Tube & Bar represents our latest strategic move to invest in consistently high-performing businesses.

Diebold Nixdorf Announces Four New Appointments to its Board of Directors

Retrieved on: 
Thursday, September 28, 2023

HUDSON, Ohio, Sept. 28, 2023 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD) today announced that it expanded the size of its board of directors to seven independent members plus its chief executive officer. The company also announced the recent appointment of four new, independent directors, all of whom bring significant experience in operational excellence and driving financial performance. Patrick Byrne, Matthew Espe, Mark Gross and David Naemura joined the board effective Sept. 22, 2023. Mr. Byrne was appointed as chair of the board.

Key Points: 
  • HUDSON, Ohio, Sept. 28, 2023 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD) today announced that it expanded the size of its board of directors to seven independent members plus its chief executive officer.
  • Previously, Byrne served as chief executive officer of GE Digital, where he led the company's software businesses focused on digital transformation.
  • With these most recent appointments, Diebold Nixdorf's board now consists of eight directors.
  • Patrick Byrne, incoming Diebold Nixdorf chair, said: "I am honored to take on the role of chair at such an exciting time for Diebold Nixdorf.

Olympic Steel Names Leah Kiley General Manager

Retrieved on: 
Tuesday, September 5, 2023

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Leah M. Kiley to the role of General Manager for the Company’s Minneapolis, Minnesota, plate processing facility.

Key Points: 
  • Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Leah M. Kiley to the role of General Manager for the Company’s Minneapolis, Minnesota, plate processing facility.
  • Ms. Kiley will lead day-to-day operations with primary profit and loss responsibility for the facility.
  • “She is a driven leader focused on creating mutually beneficial customer partnerships that will support the continued safe, profitable and sustainable success of the organization.”
    Ms. Kiley began her career with Olympic Steel in 2012.
  • Ms. Kiley earned a bachelor’s degree in communications with minors in business and psychology from the University of Minnesota – Duluth.