Cookson Group Plc expects the overall second half performance for its refractories and foundry arm to be weaker than the first half, the UK-based speciality materials company said in its interim statement.
Cookson explained that overall performance during H2 for its Ceramics division – which trades refractories under the Vesuvius brand and foundry under Foseco – will be “slightly lower than the first half”.
The company said that a stronger H2 performance from the combined Steel Flow Control, Linings and Foundry businesses “is now expected to...