None
DE
Vesuvius H1 Earnings Call Highlights
['Ethan Ryder']
Ticker Report
Separately, ramp-up difficulties at the company’s new Vizag facility in India reduced trading profit by an estimated £2 million.
Collis said MMS, which generated £6 million of annual trading profit when acquired, contributed £4 million during the first half.
China’s steel production declined 3%.
Vesuvius expects European steel production to improve in the second half following new EU steel regulations that became effective July 1.
Looking ahead, André said Vesuvius expects full-year trading profit to be slightly ahead of 2025 on a constant-currency basis, while remaining mindful of geopolitical uncertainty related to the Middle East.