AT A GLANCE: Vesuvius raises revenue as freight costs, inflation drive prices up

By Sofia Okun
Published: Monday, 02 August 2021

UK-registered refractory company Vesuvius increased its revenue in the first six months of 2021. But prices were set to rise, to offset higher freight costs and inflationary pressures on raw material prices, the company reported on Thursday July 29.

In brief

Revenue reached £808 million ($1.12 billion) in the first half of 2021, up from £720 million in the first half of 2020. This showed 18% revenue growth on an underlying basis (without currency variations and the effects of acquisitions and disposals), and 12% on a reported basis.Trading profit...

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