Cookson refractory profits slip
Published: Tuesday, 10 November 2009
Vesuvius and Foseco units post lower sales in line with steel, foundry demand
The ceramics arm of UK speciality materials producer Cookson Group PLC, which comprises refractory and foundry leaders Vesuvius and Foseco, reported an 87% drop in trading profit for the first half of its financial year to £85.1m. ($141.9m.).
The division posted revenues of £543m., down from...