Vesuvius grows profits by 2% despite slip in revenues after mixed 2014
Published: Monday, 23 March 2015
Margin improvements boosted full year earnings for Vesuvius while strong performance in Asia rewards investment. The company is now planning a shift towards tech for future growth.
Refractories producer Vesuvius Plc in March reported a
narrow 2% increase in trading profits for the full year 2014 to
£142.8m ($219.4m*), up from £140m a year ago.
Headline earnings were up by 3% to £90.3m from
£87.7m over the same period, while earnings per share
rose by nearly 5%...