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Vesuvius PLC (VSVS.L)

VSVS.L on London Stock Exchange

490.40GBp
14 Dec 2018
Change (% chg)

-11.60 (-2.31%)
Prev Close
502.00
Open
494.60
Day's High
500.00
Day's Low
490.40
Volume
377,940
Avg. Vol
615,584
52-wk High
663.00
52-wk Low
469.40

Latest Key Developments (Source: Significant Developments)

Vesuvius Sees FY EBITA To Be In-Line With Current Consensus Market Expectations
Tuesday, 6 Nov 2018 02:00am EST 

Nov 6 (Reuters) - Vesuvius PLC ::EXPECT FY TRADING PROFIT (EBITA) TO BE IN-LINE WITH CURRENT CONSENSUS MARKET EXPECTATIONS.GROUP CONTINUES TO BENEFIT FROM GROWTH IN STEEL PRODUCTION, WHICH IN Q3 2018 VERSUS Q3 2017 HAS INCREASED 2.6% IN WORLD EXCLUDING CHINA.DELIVERY OF OUR PREVIOUSLY COMMUNICATED RESTRUCTURING PROGRAMMES HAS CONTINUED AS PLANNED DURING Q3 2018.WITHOUT INCREASED FOREIGN EXCHANGE HEADWIND CO'S EXPECTATIONS FOR FULL YEAR TRADING PROFIT WOULD HAVE BEEN ABOUT 5% HIGHER.  Full Article

Vesuvius Posts FY Profit Before Tax Of ‍97.1​ Mln Pounds
Thursday, 1 Mar 2018 02:01am EST 

March 1 (Reuters) - Vesuvius Plc ::FINAL DIVIDEND UP 9.6 PERCENT TO 12.5 PENCEPER SHARE.TOTAL DIVIDEND UP 8.8 PERCENT TO 18 PENCEPER SHARE.FY REVENUE ROSE 20.2 PERCENT TO 1.684 BILLION STG.FY PROFIT BEFORE TAX ‍97.1​ MILLION POUNDS VERSUS 79.4 MILLION POUNDS.  Full Article

Blocktrade: Vesuvius Says Raised 100 Million Euros With Completion Of US Private Placement​
Thursday, 14 Dec 2017 02:00am EST 

Dec 14 (Reuters) - Blocktrade: Vesuvius Plc ::RAISED EUR 100 MILLION WITH COMPLETION OF US PRIVATE PLACEMENT​.NOTES WILL BE USED FOR REPAYMENT OF EXISTING INDEBTEDNESS, PRIMARILY US$110M, 4.26% COUPON, US PRIVATE PLACEMENT MATURING ON 16 DEC 2017​.  Full Article

Vesuvius sees FY 2017 ‍trading profit expectation unchanged​
Tuesday, 14 Nov 2017 02:00am EST 

Nov 14 (Reuters) - VESUVIUS PLC ::SAYS ‍TRADING PROFIT EXPECTATION FOR FULL YEAR 2017 REMAINS UNCHANGED​.  Full Article

Vesuvius posts H1 revenue from continuing operations of 831.5 mln pounds
Thursday, 27 Jul 2017 02:00am EDT 

July 27 (Reuters) - VESUVIUS PLC ::INTERIM DIVIDEND UP 6.8 PERCENT TO 5.5 PENCEPER SHARE.H1 REVENUE FROM CONTINUING OPERATIONS ROSE 24.4 PERCENT TO 831.5 MILLION STG.  Full Article

Vesuvius says Patrick André to succeed CEO François Wanecq
Tuesday, 18 Jul 2017 02:00am EDT 

July 18 (Reuters) - Vesuvius Plc ::Says Patrick André, president, flow control is to succeed François Wanecq, who is retiring, as chief executive with effect from Sept. 1.  Full Article

Vesuvius says expectations for 2017 trading performance are cautiously optimistic
Wednesday, 10 May 2017 02:22am EDT 

May 10 (Reuters) - Vesuvius Plc ::Says expectations for 2017 trading performance are cautiously optimistic.Says benefitted in Q1 2017 from 5.7% year-on-year growth in global steel production.Says Q1 2017 increase in global steel production is off relatively low base of Q1 2016 and FY 2017 growth expectations for market are materially lower than this figure.Says net debt / EBITDA ratio has improved from 1.8x at year end 2016 to within preferred range of between 1.75x and 1.25x.Says increased total targeted savings of current restructuring programme by £5m at no extra cost.Says total targeted annual savings now stand at £40m, up from £35m.  Full Article

Vesuvius reports FY HEPS of 30.4 pence
Thursday, 2 Mar 2017 02:00am EST 

Vesuvius Plc : Final dividend up 2.5 percent to 11.4 penceper share . Fy revenue from continuing operations rose 6 percent to 1.401 billion stg . full year dividend increased 1.7% to 16.55 pence per share. Final dividend of 11.40 pence per share to be paid on 19 may 2017 . Fy revenue 1,401 million pounds versus 1,322 million pounds . Fy profit before tax 79.4 million pounds versus 77.4 million pounds . Fy headline EPS 30.4 pence .whilst trading environment remains broadly stable, have seen early signs of improvement in 2017.  Full Article