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Reporting 2018

WE ARE VESUVIUS


Vesuvius is a global leader in molten metal flow engineering and technology, serving process industries operating in challenging high-temperature conditions.

We develop innovative solutions that enable our customers to improve their manufacturing costs, quality and safety performance, and help them to become more efficient in their processes.

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Performance

REVENUE

£m

TRADING PROFIT 2

£m

PROFIT BEFORE TAX

£m

RETURN ON SALES 2

%

HEADLINE EARNINGS PER SHARE 3

p

REVENUE (£m)

2018

1,798.0

2017

1,683.9

2016

1,401.4

TRADING PROFIT 2 (£m)

2018

197.2

2017

165.5

2016

133.3

OPERATING PROFIT (£m)

2018

164.5

2017

109.7

2016

92.9

HEADLINE EARNINGS 2, 3 (£m)

2018

133.7

2017

110.1

2016

82.1

STATUTORY EPS (p)

2018

51.3

2017

14.1

2016

21.1

FREE CASH FLOW 2 (£m)

2018

106.0

2017

92.3

2016

61.4

Our Strategy

Patrick André

Chief Executive

We achieved a strong operational and financial performance in 2018, with our best results since becoming an independent company in 2012.

We continue to implement our strategy to grow our top line and optimise our costs, supporting our drive towards further profitable growth.  

At A Glance

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Steel division

Our customers are steel producers and other
high-temperature industries.

Vesuvius is a world leader in the supply of refractory products, systems and solutions.
These help our customers increase their efficiency and productivity, enhance quality, improve safety and reduce their costs and their environmental impact.

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Foundry Division

We are a world leader in the supply of consumable products, technical advice and application support to the global foundry industry, improving casting quality and foundry efficiency.

Our primary customers are ferrous and non-ferrous foundries serving various end-markets, from large bespoke castings to high-volume automotive pieces. We operate in the foundry sector under the FOSECO brand.

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Locations

We are a global group with a business model based on offering customised products, solutions and services from production facilities in close proximity to our customers.

  1. Underlying basis is at constant currency and excludes separately reported items and the impact of acquisitions and disposals.
  2. For definitions of alternative performance measures, refer to Note 4 of the Group Financial Statements.

  3. Headline results refer to continuing operations and exclude separately reported items.