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Reporting 2022

Think Beyond. Shape the Future.


Vesuvius is a global leader in molten metal flow engineering and technology, serving process industries operating in challenging high-temperature conditions.

We think beyond today to create innovative solutions that will shape the future, delivering products and services that help our customers make their industrial processes safer, more efficient and more sustainable.

 

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Performance

REVENUE

£m

TRADING PROFIT 2

£m

RETURN ON SALES 2

%

PROFIT BEFORE TAX

£m

HEADLINE EARNINGS PER SHARE3 

p

REVENUE (£m)

2022

2,047

2021

1,643

2020

1,458

TRADING PROFIT 2 (£m)

2022

227

2021

142

2020

101

HEADLINE EARNINGS 2, 3 (£m)

2022

152

2021

96

2020

63

STATUTORY EPS (p)

2022

67.2

2021

37.7

2019

15.3

FREE CASH FLOW 2 (£m)

2022

123

2021

0.3

2020

114

  1. Underlying basis is at constant currency and excludes separately reported items and the impact of acquisitions and disposals.
  2. For definitions of alternative performance measures, refer to Note 4 of the Group Financial Statements.

  3. Headline results refer to continuing operations and exclude separately reported items.

Our Strategy

PATRICK ANDRÉ

Chief Executive

2022 was a record year for Vesuvius despite difficult market conditions in the second half. These good results were made possible by the technological differentiation of our products and solutions, which enabled us to simultaneously compensate all cost inflation with price increases and gain market share.

At A Glance

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Steel Division

Our customers are steel producers and other
high-temperature industries.

Vesuvius is a world leader in the supply of refractory products, systems and solutions.
These help our customers increase their efficiency and productivity, enhance quality, improve safety and reduce their costs and their environmental impact.

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Foundry Division

We are a world leader in the supply of consumable products, technical advice and application support to the global foundry industry, improving casting quality and foundry efficiency.

Our primary customers are ferrous and non-ferrous foundries serving various end-markets, from large bespoke castings to high-volume automotive pieces. We operate in the foundry sector under the Foseco brand.

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Locations

We are a global group with a business model based on offering customised products, solutions and services from production facilities in close proximity to our customers.