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A profitable, flexible, cash-generative model focused on growth
What we do
We develop and manufacture high-technology products and solutions predominantly for supply to the steel and foundry casting industries, operating a profitable, flexible, cash-generative and growth-building business model. Over many years, we have built the brand equity of our Vesuvius and Foseco products through technology leadership, reliability and service.
Our key resources
Financial capital
We use the cash generated by our business to invest in innovation, people, operating assets, technology and sales to generate further growth.
Manufacturing capital
We have a global footprint, with 54 production sites on six continents, giving us proximity to our customers.
Intellectual capital
We have six R&D centres of excellence, together with dedicated R&D staff worldwide, generating innovative products and services that help our customers make their industrial processes safer, more efficient and more sustainable.
Human capital
We invest in developing our skilled and motivated workforce of more than 11,000 people and provide them with a safe environment in which to work.
Social capital
We champion our Values and our ethical conduct. We maintain strong relationships with customers and our wider stakeholder groups.
Natural capital
We utilise high-quality raw materials, secured through reliable and well-developed and sustainable supply chains.
How we deliver
Our industry experts are embedded at many customer locations and are therefore ideally placed to collaborate with customers to identify their needs, and potential service and process improvements. This also enables us to grow our solutions and service portfolio.
We develop high-technology products that deliver quality enhancement, efficiency gains and energy savings to our customers. We focus on environmental sustainability in our own business through the efficient use of energy and natural resources.
Our model is profitable by allowing value pricing for bespoke products and services. It generates growth as we enlarge our market with additional innovative products and solutions.
Our model is resilient to end-market volatility due to the flexibility of our diversified manufacturing footprint and adjustable cost base, increasingly supported by automation.
Our commitment to ethical business delivers strong, long-term, sustainable commercial relationships.
The value we create
Our Investors
Our cash generative and low capital intensity business provides returns to our shareholders and underpins sustainable growth.
Our Customers
Our investment in innovation creates cutting-edge products and solutions, delivering enhanced value for our customers and differentiating us from our competitors. Our technology solutions improve customer safety and remove operators from the most dangerous parts of our customers’ processes. We embed technical experts within our customers, giving us a fundamental understanding of their needs and delivering them access to our global network of highly skilled individuals.
Our People
We focus on the health and safety of all our staff. We engage with our people, encouraging and rewarding high performance to create an environment where all can realise their individual potential.
Our Suppliers
Maintaining cost-effective access to high-quality raw materials is vital to our success. Our suppliers are critical to our business.
Our Communities
We are committed to maintaining positive relationships with the communities in which we operate. Our social responsibility activities complement our Values and we encourage our employees to engage with communities and groups local to our operations.
Students and Graduates
Attracting new talent to Vesuvius is vital for the Group’s continuing success. Recruiting new students and graduates feeds the talent pipeline and allows us to tap into new sources of up-to-date business ideas and R&D capability.