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IN BRIEF: Vesuvius expects annual profit to top market forecasts
Vesuvius PLC - London-based molten metal flow engineering - Posts a significant rise in pretax profit to GBP116.7 million for six months ended June 30, up 78% from GBP65.5 million the same period a year earlier, as revenue also jumps 21% year-on-year to GBP1.02 billion from GBP808.1 million. Achieves a return on sales of 12.5%, an increase of 340 basis points, bringing return on sales for last 12 months to 10.6%.
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