Vesuvius (VSVS)

Sector:

Engineering

Index:

FTSE 250

465.50p
   
  • Change Today:
    -2.00p
  • 52 Week High: 504.00
  • 52 Week Low: 390.80
  • Currency: UK Pounds
  • Shares Issued: 265.25m
  • Volume: 262,973
  • Market Cap: £1,234.73m

Vesuvius still expects to meet forecasts despite falling revenues in first quarter

Date: Thursday 14 May 2015

LONDON (ShareCast) - Metal flow engineering group Vesuvius said on Thursday that, despite a decline in revenues during the first quarter of the year, it expects full-year results to be in line with market expectations.
Revenues declined by 2% to £474.9m and by 1.3% at constant currencies due to reduced activity in the US, Canada, Mexico, Europe, Middle East, Africa and South Asia.

However, this was partly offset by a good performance in South America, India, North Asia and China.

Its foundry division saw revenues fall 1.4% to £154.3m due to challenging market conditions, while revenues in the steel division declined 1.2% to £320.6m driven by a reduction of 11.8% in the Americas.

Vesuvius noted that despite the drop in revenues, the group improved its margins and expects its full-year performance will be in line with market expectations.

The group said in a statement: "Whilst there has been encouraging signs of increased activity in some end-markets, namely in India and North Asia, the US and Europe have seen weaker-than-expected activity."

Shares were down 0.53% to 453.4p on Thursday at 09:10.

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Vesuvius Market Data

Currency UK Pounds
Share Price 465.50p
Change Today -2.00p
% Change -0.43 %
52 Week High 504.00
52 Week Low 390.80
Volume 262,973
Shares Issued 265.25m
Market Cap £1,234.73m

Vesuvius Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.79% above the market average80.79% above the market average80.79% above the market average80.79% above the market average80.79% above the market average
75.76% above the sector average75.76% above the sector average75.76% above the sector average75.76% above the sector average75.76% above the sector average
Price Trend
40.53% above the market average40.53% above the market average40.53% above the market average40.53% above the market average40.53% above the market average
31.43% above the sector average31.43% above the sector average31.43% above the sector average31.43% above the sector average31.43% above the sector average
Income
79.32% above the market average79.32% above the market average79.32% above the market average79.32% above the market average79.32% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Growth
50.86% below the market average50.86% below the market average50.86% below the market average50.86% below the market average50.86% below the market average
69.7% below the sector average69.7% below the sector average69.7% below the sector average69.7% below the sector average69.7% below the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 3
Sell 1
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Vesuvius Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Apr-24 03-Aug-23
Paid 31-May-24 15-Sep-23
Amount 16.20p 6.80p

Trades for 14-Jun-2024

Time Volume / Share Price
16:35 81,049 @ 465.50p
16:35 1 @ 465.50p
16:35 528 @ 465.50p
16:35 1,759 @ 465.50p
16:35 144 @ 465.50p

Vesuvius Key Personnel

CEO Patrick André

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