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Vesuvius 4-month Revenue Consistent Year-on-year; Sees Full-year Results Lower Than Outlook

Vesuvius plc (VSVS.L), a provider of molten metal flow engineering and technology services, Friday said its revenue for the four months ended April 30 was consistent with the same period last year.

Trading profit declined year-on-year, due to increased raw material costs and labour cost inflation.

Vesuvius noted that revenue and trading profit were in line with its expectations.

Looking forward, the company now expects full-year results to be slightly lower than its previous guidance on a constant currency basis.

by RTTNews Staff Writer

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