Mar 06, 2025 / 09:00AM GMT
Patrick Andre - Vesuvius plc - Chief Executive Officer, Executive Director
Good morning, ladies and gentlemen. Welcome to Vesuvius full year 2024 presentation. My name is Patrick Andre, I'm the Chief Executive Officer of Vesuvius, and to my right with me this morning is Mark Collis, our Chief Financial Officer.
I will start with some updates on our performance during the year. Then Mark will give you some more details on our financials. I will conclude at the end of the meeting with some perspectives on the year 2025 and beyond before opening the floor for questions.
Our results for the full year were in line with our expectations despite weaker market conditions than expected. Our revenues declined 1.8% on an underlying basis with market share gains in Flow Control and Foundry only partially compensating a very significant market decline in Foundry. Our credit profits remain robust with only a very slight decline of 0.2% as compared with last year on an underlying basis.
Despite the difficult market conditions, our return on sales increased by 10 basis points as compared to
Full Year 2024 Vesuvius plc Earnings Call Transcript
Mar 06, 2025
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