Vesuvius (LON:VSVS) Issues Earnings Results

Vesuvius (LON:VSVS) released its quarterly earnings data on Thursday. The company reported GBX 34.20 earnings per share for the quarter, Digital Look Earnings reports. Vesuvius had a return on equity of 6.26% and a net margin of 3.92%.

Here are the key takeaways from Vesuvius’ conference call:

• Trading profit fell materially, down ~17% like‑for‑like with return on sales reduced by ~170bps and headline EPS down ~17.7%, largely due to weak EMEA steel and foundry markets.
• Revenue was broadly flat (+0.6–0.7% like‑for‑like) with market share gains, driven by strong performance in Asia (India and China) where volumes grew and the Steel division re‑established positive net pricing in H2.
• Self‑help is progressing: the cost‑savings program delivered £17.8m in‑year (£37.4m exit run‑rate) and the group remains on track for a £55m recurring savings target by 2028, helping profitability when markets recover.
• Balance sheet and cash: net debt ~£452m (pro‑forma leverage ~2.0x) rose after capex, two acquisitions (Pyromet, MMS) and a £35m buyback, but management expects leverage to fall in 2026 as capex normalizes and trading profit improves.
• Outlook: management expects 2026 to be a transition to recovery (benefiting from EU trade measures, full‑year acquisition contributions and continued cost savings), but flags geopolitical risks (Middle East) as a near‑term uncertainty.

Vesuvius Stock Down 2.2%

Shares of LON:VSVS opened at GBX 428.60 on Friday. The company has a debt-to-equity ratio of 57.19, a quick ratio of 1.20 and a current ratio of 2.27. The business’s 50 day simple moving average is GBX 455.40 and its two-hundred day simple moving average is GBX 405.28. Vesuvius has a 52-week low of GBX 310.80 and a 52-week high of GBX 507.50. The firm has a market cap of £1.05 billion, a P/E ratio of 15.59, a PEG ratio of 0.57 and a beta of 1.05.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. raised their price objective on Vesuvius from GBX 340 to GBX 390 and gave the company a “neutral” rating in a report on Thursday, December 4th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Vesuvius currently has an average rating of “Moderate Buy” and an average price target of GBX 467.50.

Insiders Place Their Bets

In other Vesuvius news, insider Mark Collis sold 320 shares of the stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of GBX 434, for a total transaction of £1,388.80. Insiders own 25.13% of the company’s stock.

About Vesuvius

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.