Vesuvius pursues margins ahead of growth in refractories
By Laura Syrett
Published: Tuesday, 04 March 2014
Company delivers profit growth but revenue decline after challenging 2013 in steel
UK-listed
refractories manufacturer
Vesuvius Plc has reported increased profits for 2013,
despite seeing a drop in revenue during a year of divestments
and tough
steel marketconditions.
The results marked the initial returns on a corporate shift
towards margin increase and a focus on quality over sales
growth, as Vesuvius...