Vesuvius grows profits by 2% despite slip in revenues after mixed 2014

By Laura Syrett
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%...

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