Vesuvius PLC (STU:V4S)

€ 5 0 (0%) Market Cap: 1.30 Bil Enterprise Value: 1.68 Bil PE Ratio: 10.84 PB Ratio: 0.92 GF Score: 76/100

Q3 2023 Vesuvius plc Trading Statement Call Transcript

Nov 14, 2023 / 08:00AM GMT

Release Date Price: €4.58 (-1.29%)

Transcript

Operator

Good day, ladies and gentlemen, and welcome to the Vesuvius plc Trading Update. (Operator Instructions) I would like to remind all participants that this call is being recorded. I will now hand over to the CEO of Vesuvius plc, Patrick Andre, to open the presentation. Please go ahead.

Patrick Georges Felix Andre

Vesuvius plc - CEO & Executive Director

Thank you, very much. Good morning, everyone. So I'm Patrick Andre, CEO of Vesuvius, and with me this morning is Mark Collis, our Chief Financial Officer.

So I will give you some update about our trading performance in -- over the past 4 months. So the most important message is that despite more difficult market conditions than what we saw 3, 4 months ago, we performed quite robustly. And thanks to this, our outlook for the year remains unchanged and in line with expectations.

Starting with markets. Markets have been weaker, softer than what we thought they would be 3, 4 months ago at the time of our last update. This is particularly the case for the foundry end markets outside India and

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