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Capital Markets Event

Vesuvius plc, a global leader in molten metal flow engineering and technology, is hosting an in-person Capital Markets Event for analysts and institutional investors in London this afternoon.


The event will be hosted by Patrick André, Chief Executive Officer and Mark Collis, Chief Financial Officer, with presentations from Pascal Genest, Flow Control President; Richard Sykes, Advanced Refractories President; and Karena Cancilleri, Foundry President.  

The event will provide insights into the positive long-term growth trends in the steel and foundry markets, in particular the positive inflexion of the steel markets ex China to structural growth in the coming years, and how Vesuvius’ strategy of technological differentiation enables outperformance of these markets. Vesuvius’ objective will be to achieve a profitable and highly cash-generative organic growth strategy that will:

  • Target revenue outperforming the market by at least 2%, driven by market share gains and superior pricing;
  • Target a return on sales margin of at least 12.5% in 2026, supported by a new cost-saving programme aiming to deliver £30m in recurring efficiencies;
  • Deliver strong cash generation with a cumulative free cash flow target of at least £400m between 2024 and 2026, for dividends, acquisitions and share buybacks; and
  • Deliver a capital allocation policy focused on value creation and shareholder returns.

No new information on trading will be shared at the event, following the trading update issued on 14 November 2023. 

For those unable to attend in person, the event will be broadcast live at 2.30pm today. To access the presentation, participants will be required to register in advance using the following webcast link here

A recording of the day and a copy of the presentations will be available following the event on the Group’s website here: Investors.

If you would like to attend in person, please email [email protected]


For further information, please contact:

Shareholder/analyst enquiries:

Vesuvius plc

Patrick André, Chief Executive                        +44 (0) 207 822 0000

Mark Collis, Chief Financial Officer                +44 (0) 207 822 0000

Rachel Stevens, Head of Investor Relations    +44 (0) 7387 545 271

Media enquiries: 


Rachel Farrington                                            +44 (0) 203 128 8100

Ollie Hoare                                                       +44 (0) 7817 458 804


About Vesuvius plc 

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

We develop innovative and customised solutions, often used in extremely demanding industrial environments, which enable our customers to make their manufacturing processes safer, more efficient and more sustainable. These include flow control solutions, advanced refractories and other consumable products and increasingly, related technical services including data capture. 

We have a worldwide presence. We serve our customers through a network of cost-efficient manufacturing plants located close to their own facilities, and embed our industry experts within their operations, who are all supported by our global technology centres. 

Our core competitive strengths are our market and technology leadership, strong customer relationships, well established presence in developing markets and our global reach, all of which facilitate the expansion of our addressable markets.

Our ultimate goal is to create value for our customers, and to deliver sustainable, profitable growth for our shareholders giving a superior return on their investment whilst providing each of our employees with a safe workplace where they are recognised, developed and properly rewarded. 

We think beyond today to create solutions that will shape the future.

Forward looking statements 

This announcement contains certain forward looking statements which may include reference to one or more of the following: the Group's financial condition, results of operations, cash flows, dividends, financing plans, business strategies, operating efficiencies or synergies, budgets, capital and other expenditures, competitive positions, growth opportunities for existing products, plans and objectives of management and other matters.

Statements in this announcement that are not historical facts are hereby identified as "forward looking statements". Such forward looking statements, including, without limitation, those relating to the future business prospects, revenue, working capital, liquidity, capital needs, interest costs and income, in each case relating to Vesuvius, wherever they occur in this announcement, are necessarily based on assumptions reflecting the views of Vesuvius and involve a number of known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied by the forward looking statements. Such forward looking statements should, therefore, be considered in light of various important factors that could cause actual results to differ materially from estimates or projections contained in the forward looking statements. These include without limitation: economic and business cycles; the terms and conditions of Vesuvius' financing arrangements; foreign currency rate fluctuations; competition in Vesuvius' principal markets; acquisitions or disposals of businesses or assets; and trends in Vesuvius' principal industries.

The foregoing list of important factors is not exhaustive. When considering forward looking statements, careful consideration should be given to the foregoing factors and other uncertainties and events, as well as factors described in documents the Company files with the UK regulator from time to time including its annual reports and accounts.

You should not place undue reliance on such forward looking statements which speak only as of the date on which they are made. Except as required by the Rules of the UK Listing Authority and the London Stock Exchange and applicable law, Vesuvius undertakes no obligation to update publicly or revise any forward looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward looking events discussed in this announcement might not occur.

Vesuvius plc, 165 Fleet Street, London EC4A 2AE
Registered in England and Wales No. 8217766
LEI: 213800ORZ521W585SY02