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...

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