Vesuvius (LON:VSVS) Issues Quarterly Earnings Results

Vesuvius (LON:VSVSGet Free Report) posted its quarterly earnings results on Thursday. The company reported GBX 16.30 EPS for the quarter, Digital Look Earnings reports. Vesuvius had a net margin of 2.88% and a return on equity of 4.75%.

Here are the key takeaways from Vesuvius’ conference call:

  • First-half performance was resilient but broadly flat. Revenue rose 1.5% on a constant-currency basis to offset a volume decline, while trading profit remained at £74 million and EPS fell 0.7%.
  • Operational problems in the Steel Division—including supplier quality issues, deficient maintenance and staffing gaps in the U.S., plus ramp-up difficulties at the Vizag plant in India—reduced first-half trading profit by about £8 million. Management expects these issues to be resolved by year-end, but market share recovery may take time, particularly in Advanced Refractories.
  • Management expects full-year trading profit to be slightly ahead of 2025 on a constant-currency basis, supported by structural steel-market growth outside China, improving European demand from the fourth quarter, pricing gains and the recovery of lost volumes.
  • The Foundry Division delivered strong growth, with revenue up 8.7% and trading profit up 32.7%; the MMS acquisition is integrating ahead of expectations, generating £4 million of first-half profit versus £6 million annualized at acquisition and with further synergies planned.
  • Cash generation improved substantially, with free cash flow of £27.5 million versus an outflow of £13.2 million a year earlier, while working-capital intensity and leverage declined. The company also delivered £7.4 million of recurring cost savings and maintained its interim dividend at 7.1 pence per share, although higher 2026 capital expenditure guidance of £75–80 million will temper deleveraging.

Vesuvius Price Performance

Vesuvius stock traded down GBX 0.20 during mid-day trading on Thursday, reaching GBX 364.80. The company had a trading volume of 1,744,750 shares, compared to its average volume of 1,533,624. The company has a market capitalization of £898.13 million, a P/E ratio of 17.45, a P/E/G ratio of 0.57 and a beta of 1.15. The company has a debt-to-equity ratio of 57.10, a current ratio of 2.35 and a quick ratio of 1.20. The stock’s 50-day simple moving average is GBX 452.21 and its 200-day simple moving average is GBX 446.22. Vesuvius has a 1 year low of GBX 346.60 and a 1 year high of GBX 507.50.

Analyst Ratings Changes

Several research firms recently commented on VSVS. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 440 target price on shares of Vesuvius in a research note on Tuesday. Jefferies Financial Group restated a “buy” rating and set a GBX 520 target price on shares of Vesuvius in a research note on Monday. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 525 target price on shares of Vesuvius in a report on Monday. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Vesuvius has an average rating of “Moderate Buy” and a consensus price target of GBX 467.

Read Our Latest Stock Report on Vesuvius

About Vesuvius

(Get Free Report)

We are a global leader in metal flow engineering, providing a full range of engineering services and solutions to its customers worldwide, principally serving the steel and foundry industries.

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Earnings History for Vesuvius (LON:VSVS)

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