UK's Vesuvius 2025 revenue slightly beats; expects profit growth in 2026

Vesuvius

12/03/2026 07:10

Overview

UK molten metal engineering firm's 2025 revenue slightly beat analyst expectations, up 0.7% like-for-like

Adjusted basic EPS fell 18% like-for-like amid challenging market conditions, especially in EMEA

Company completed £50 mln share buyback and raised dividend slightly for 2025

Outlook

Vesuvius expects 2026 to mark a transition to recovery in Steel and Foundry markets

Company sees 2026 performance benefiting from cost reductions, acquisitions and modest volume growth

Vesuvius expects profit growth in 2026 in line with expectations, absent extended disruption

Result Drivers

EMEA WEAKNESS - Co said challenging market conditions in EMEA accounted for most of the profit decline across both divisions

COST SAVINGS - Accelerated cost reduction programme delivered £17.8 mln in savings, partially offsetting negative market impacts

MARKET SHARE GAINS - Market share gains in Asia and new product launches supported modest revenue growth, despite overall weak demand

Company press release: ID:nRSL3114Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Beat*
GBP 1.81 bln
GBP 1.80 bln (10 Analysts)
FY Dividend
GBP 0.24
FY Operating Profit
GBP 114.60 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Vesuvius plc is GBp495.00, about 13.3% above its March 11 closing price of GBp436.80

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)