Vesuvius Plc #VSVS announced, in its interim results for the six months ended 30 June 2020, that revenues dropped to £720.0 million from £889.4 million recorded in the same period a year ago. Profit after tax narrowed to £24.9 million from £55.8 million. The Board has not declared an interim dividend at this time and will review the position as the year progresses.
Vesuvius Plc #VSVS announced, in its interim results for the six months ended 30 June 2020, that revenues dropped to £720.0 million from £889.4 million recorded in the same period a year ago. Profit after tax narrowed to £24.9 million from £55.8 million. The Board has not declared an interim dividend at this time and will review the position as the year progresses.
·H1 2020 revenues of £720.0 m, an 18.4% decline on an underlying basis, driven by significantly lower global steel production and industrial output across the world. ·H1 2020 trading profit of £51.1 m and Return-on-Sales of 7.1%, supported by restructuring as well as Covid-19 crisis-related savings. ·Covid-19 crisis-related savings of £18.6 m delivered in...
RNS Number: 8016 M Vesuvius plc 13 May 2020 13 May 2020. Vesuvius plc- Result of Annual General Meeting 2020. Vesuvius plc confirms that, at its AGM held today, each of the resolutions set out in the Notice of Meeting to Shareholders dated 6 April 2020 were passed by the Shareholders.
Vesuvius Plc (VSVS.L) Announced, in its trading update, that first quarter performance was marginally ahead of the previous quarter, reflecting the subdued market environment that has persisted since the end of 2019 and little of the COVID-19 impact. The World Steel Association reported that during the first quarter, worldwide steel production declined 1.4% year-on-year (-4.1% excluding China). In response to the pandemic, it has implemented several cost reduction plans to deliver savings of around £10 million per quarter during the crisis, starting in Q2, in addition to the £19.4 million of recurring savings from its ongoing restructuring programme. Net debt has increased marginally since December due to the impact of translating non-GBP denominated debt at a weaker GBP exchange rate and the typical first quarter increase in working capital from the year-end low point. As of 1 May it has reopened operations in South Africa, Malaysia, Argentina and India after their temporary closure due to national lockdowns. All of its plants are now operational albeit at reduced levels as it aligns with weaker demand and operates with re-configured layouts and processes to allow safe distancing between employees. The excess capacity across the Group positions it well for when the market returns to its long-term growth path. #VSVS
RNS Number: 6961 M Vesuvius plc 13 May 2020. Vesuvius plc, a global leader in molten metal flow engineering and technology, releases the following update in conjunction with its Annual General Meeting being held today.. As of 1 May we have reopened operations in South Africa, Malaysia, Argentina and India after their temporary closure due to national lockdowns.
RNS Number: 5003 L Vesuvius plc 30 April 2020 Vesuvius plc. Notification of Change in Director's Details. Vesuvius plc announces that Douglas Hurt, Senior Independent Director and Chair of the Audit Committee of the Company, has been appointed as an independent non-executive director of Hikma Pharmaceuticals PLC effective 1 May 2020..
RNS Number: 0396 L Vesuvius plc 27 April 2020 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 8680 K Vesuvius plc 24 April 2020 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 6429 J Vesuvius plc 14 April 2020 Annual Financial Report. The Annual General Meeting of Vesuvius plc is due to be held at 165 Fleet Street, London EC4A 2 AE on Wednesday 13 May 2020 at 11.00 am. At the time of posting the UK Government has enacted compulsory measures prohibiting, amongst other things, public gatherings of more than two people.
RNS Number: 4017 J Vesuvius plc 09 April 2020. Vesuvius plc- Voting Rights and Capital. In conformity with the FCA's Disclosure and Transparency Rule 5.6. 1 R, Vesuvius plc confirms that at the date of this announcement it has an issued share capital of 278,485,071 Ordinary Shares of 10 pence each. 7,271,174 of these Ordinary Shares are held in Treasury..
RNS Number: 9458 I Vesuvius plc 06 April 2020. Vesuvius plc, a global leader in molten metal flow engineering and technology, announces the following update in light of the COVID-19 pandemic, including the measures the Company is taking to ensure the welfare and safety of our employees worldwide and mitigate the risk to our business. Although manufacturing...
RNS Number: 5631 I Vesuvius plc 02 April 2020 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 3445 H Vesuvius plc 24 March 2020 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Vesuvius plc, 165 Fleet Street, London EC4A 2 AE. Registered in England and Wales No. 8217766. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 1282 G Vesuvius plc 13 March 2020 V esuvius plc. The Share price used to determine the number of Shares under awards was 392.48 pence being the average of the middle market quotation at close of business over the last 5 trading days ending on Wednesday 11 March 2020.. Vesuvius plc, 165 Fleet Street, London EC4A 2 AE.
RNS Number: 1280 G Vesuvius plc 13 March 2020 V esuvius plc. Notification of Transactions of Persons Discharging Managerial Responsibilities. Given current share price volatility, the Remuneration Committee resolved that the number of shares subject to the Awards should be capped at a level that reflects the middle market share price of the Company for the...
Vesuvius plc, 165 Fleet Street, London EC4A 2 AE. Registered in England and Wales No. 8217766. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 1976 F Vesuvius plc 05 March 2020 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 9069 E Vesuvius plc 03 March 2020 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Vesuvius Plc
VSVS.L
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Company Profile

Vesuvius, formed from the demerger of Cookson Group, is a London-headquartered molten metal flow engineering company split into three main divisions: steel flow control, foundry technologies and advanced refractories.

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