United States

Vesuvius PLC (CKSNF.PK)

CKSNF.PK on OTC Markets Group - US Other OTC and Grey Market

9 Aug 2016
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Latest Key Developments (Source: Significant Developments)

Vesuvius says FY expectations remain unchanged
Friday, 29 Jul 2016 02:00am EDT 

Vesuvius Plc : Full year expectations remain unchanged . H1 revenue from continuing operations fell 4.9 pct to 668.3 million stg . Revenue, profit and return on sales in line with expectations . Trading profit for half year was 59.1 mln stg, down 16.5 pct . Group revenue from our continuing operations was 668.3 mln stg, a reduction of 4.9 pct . Underlying group revenue, adjusted for effects of acquisitions and currency translation differences, down by 7.5 pct for six months . Additional 5 mln stg of restructuring benefit has been identified . Total annualised cost savings of 25 mln stg expected to be delivered by end of 2017 . Adverse impact of any potential ongoing weaker pound sterling on Vesuvius is limited . Decreases detailed were expected . Board has recommended an interim dividend of 5.15 pence per share .Interim dividend 5.15 pence per share.  Full Article

Vesuvius ses FY underlying trading similar to H2 2015
Thursday, 12 May 2016 02:00am EDT 

Vesuvius Plc : Overall market conditions remain unchanged since we announced our 2015 full year results . Continue to make good progress with our self-help and restructuring actions . Expect underlying trading environment for balance of year to remain similar to that experienced in second half of 2015 . Expect our trading performance to be in line with current full year expectations .Remain confident in our ability to capitalise on any recovery in our addressable markets in medium term.  Full Article

Vesuvius Plc recommended an interim dividend
Friday, 31 Jul 2015 02:01am EDT 

Vesuvius Plc:Has recommended an interim dividend of 5.15 pence per share (H1 2014: 5.0 pence per share), an increase of 3 pct.This dividend will be paid on Sept. 25 to shareholders on register at close of business on Aug. 14.  Full Article

Vesuvius plc reaffirms FY 2015 trading outlook in line with current market expectations
Thursday, 14 May 2015 02:01am EDT 

Vesuvius plc:Expects FY 2015 underlying trading environment to be broadly similar to that experienced in the first four months of 2015, and trading performance to be in line with current full year market expectations.  Full Article

Vesuvius plc announces resignation of Chief Financial Officer
Friday, 1 May 2015 02:00am EDT 

Vesuvius plc:Says that Chris O'Shea, the Chief Financial Officer, will leave the company during Sept. 2015.Says that the process of identifying O'Shea's successor is underway and an announcement will be made in due course.  Full Article

Vesuvius plc recommends final dividend; gives FY 2015 guidance
Tuesday, 3 Mar 2015 02:02am EST 

Vesuvius plc:Recommends a final dividend of 11.125 pence per share.if approved, will be paid on May 22, to shareholders on the register at April 10.Expects FY 2015 underlying trading environment to be broadly similar to that experienced in 2014.  Full Article

Vesuvius plc to pay its share of full and final settlement with MacDermid Inc
Thursday, 19 Feb 2015 09:02am EST 

Vesuvius plc:Notes announcements made by Alent plc and Platform Speciality Products Corporation regarding the resolution of litigation arising out of corporate activity relating to Cookson Group plc's Performance Materials Division (now Alent plc) dating back to autumn 2006.Pending litigation was noted in the contingent liability note of Vesuvius' 2013 Annual Report and Accounts.Pursuant to the terms of the demerger of Vesuvius and Alent plc, Vesuvius is required to contribute 50% of any net settlement liability.Vesuvius will pay $10 mln (6.4 mln pounds) as its share of the full and final settlement of the litigation.  Full Article