Vesuvius (LON:VSVS) Announces Quarterly Earnings Results

Vesuvius (LON:VSVS) posted its quarterly earnings results 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 Performance

VSVS opened at GBX 442 on Thursday. The company’s 50 day moving average is GBX 454.53 and its 200 day moving average is GBX 405.04. The company has a current ratio of 2.27, a quick ratio of 1.20 and a debt-to-equity ratio of 57.19. The company has a market cap of £1.08 billion, a price-to-earnings ratio of 16.07, a PEG ratio of 0.57 and a beta of 1.05. Vesuvius has a 12-month low of GBX 310.80 and a 12-month high of GBX 507.50.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Jefferies Financial Group increased their target price on shares of Vesuvius from GBX 500 to GBX 550 and gave the company a “buy” rating in a report on Wednesday, November 12th. JPMorgan Chase & Co. raised their target price on shares of Vesuvius from GBX 340 to GBX 390 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Vesuvius currently has an average rating of “Moderate Buy” and an average target price of GBX 467.50.

Insider Activity

In related news, insider Mark Collis sold 320 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of GBX 434, for a total value of £1,388.80. 25.13% of the stock is currently owned by insiders.

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.