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

• Autores: Laura Syrett
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 571, 2015 (Ejemplar dedicado a: Abril)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • "During 2014, we made encouraging progress in line with our objectives and strategy, against a backdrop of mixed trading conditions," said Vesuvius' CEO, Francois Wanecq.

    He said that the company had improved its margins on the back of "moderate" underlying revenue growth, which was reported as a positive 3.5% overall, and singled out potential in Vesuvius' "addressable markets" in Asia and China, where the company has recently invested in R&D to serve local foundry customers.

    Demand from the mining sector, which accounts for around 7% of Vesuvius' foundry revenue experienced "significant difficulties" in 2014, Vesuvius said.