Vesuvius profits rise as markets recover; deliveries to Russia halted

3rd Mar 2022 10:46

(Sharecast News) - Molten metal flow engineering company Vesuvius reported a rise in profits and revenues for 2021 amid a general market recovery, as it said it had suspended deliveries to Russian customers.

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Vesuvius to buy US-based Universal Refractories in $57.1m deal

2nd Dec 2021 14:29

(Sharecast News) - Molten metal flow engineer Vesuvius has agreed to buy US-based Universal Refractories, a specialty refractory producer, in a $57.1m deal.

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Vesuvius YTD revenue growth broadly in line with expectations

11th Nov 2021 09:47

(Sharecast News) - Engineering and technology firm Vesuvius said on Thursday price year-to-date revenue growth was broadly in line with internal expectations, leading the firm to forecast full-year group trading profits towards the lower end of analysts' projections range.

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Vesuvius's end markets continue rebound in H1, company gains market share

29th Jul 2021 08:28

(Sharecast News) - Vesuvius posted better than expected interim profits as end markets continued to rebound from the Covid-19 pandemic.

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Wednesday broker round-up

12th May 2021 13:55

(Sharecast News) - Air Partner: Canaccord reiterates buy with a target price of 100p.

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Vesuvius Q1 steel production levels push revenues higher

12th May 2021 08:47

(Sharecast News) - Engineering group Vesuvius said on Wednesday that steel production had increased during the first quarter of 2021, leading to revenue growth.

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Vesuvius full-year profits hit by Covid disruptions

4th Mar 2021 08:35

(Sharecast News) - Molten metal flow engineer Vesuvius posted a drop in full-year profit and revenue on Thursday as its performance was dented by the Covid crisis.

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Vesuvius sees FY trading profit in line with market expectations

12th Nov 2020 10:24

(Sharecast News) - Molten metal flow engineering company Vesuvius said on Thursday that trading profit for 2020 is set to be broadly in line with market expectations and that demand in its end markets has improved.

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Vesuvius reinstates dividend, sending shares higher

20th Oct 2020 10:17

(Sharecast News) - Shares in Vesuvius sparked on Tuesday after the engineer confirmed it was reinstating dividend payments.

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Vesuvius pays back Covid-19 debt to BoE

17th Sep 2020 07:52

(Sharecast News) - Vesuvius said on Thursday that it has elected to repay £200m of debt issued through the Bank of England's Covid Corporate Financing Facility earlier than its March 2021 maturity thanks to positive free cash flow generation in recent months and early signs of "marginally improving" levels of business activity.

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Vesuvius profits take a hit from lower steel production

30th Jul 2020 08:45

(Sharecast News) - First-half profit and revenue at molten metal flow engineering company Vesuvius fell, the company said on Thursday, amid lower global steel production.

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Vesuvius April sales slump 28% on Covid-19 lockdowns

13th May 2020 08:46

(Sharecast News) - Steel industry engineer Vesuvius reported a sharp fall in April sales and pulled guidance as global lockdowns to contain the Covid-19 outbreak resulted in "significant disruption" to its business.

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Vesuvius withdraws guidance, cancels final dividend

6th Apr 2020 15:36

(Sharecast News) - Molten metal flow engineering company Vesuvius updated the market in light of the Covid-19 coronavirus pandemic on Monday, reporting that it was taking specific site-by-site actions as well as complying with the government instructions and guidelines of the World Health Organization.

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Vesuvius revenues fall as end markets deteriorate

27th Feb 2020 11:15

(Sharecast News) - Profit and revenue at molten metal flow engineer Vesuvius fell in the year to the end of December 2019 amid a "significant" deterioration in its main end markets of steel and foundry after a strong 2018.

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Wednesday broker round-up

20th Nov 2019 13:27

(Sharecast News) - Burford Capital: Berenberg downgrades to hold with a target price of 810p.

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