Vesuvius PLC (STU:V4S)
€ 4.34 -0.06 (-1.36%) Market Cap: 1.14 Bil Enterprise Value: 1.52 Bil PE Ratio: 9.30 PB Ratio: 0.79 GF Score: 75/100

Q3 2021 Vesuvius PLC Trading Update Call Transcript

Nov 11, 2021 / 11:00AM GMT
Release Date Price: €5.45 (+0.93%)
Operator

Good day, ladies and gentlemen, and welcome to the Vesuvius Trading Update Call. Before I introduce the speakers and start the call, we will now respect the 2-minute silence for Remembrance Day.

Thank you, ladies and gentlemen. Today's call is hosted by Vesuvius CEO, Patrick André; and CFO, Guy Young. (Operator Instructions) I will now hand over to Mr. André to open the presentation. Please go ahead.

Patrick Georges Felix AndrÃ;Vesuvius plc;CEO;Executive Director

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Thank you. Good morning, ladies and gentlemen. So my name is Patrick André, Chief Executive of Vesuvius. And with me is Guy Young, our Chief Financial Officer. I will start by giving you some -- a quick overview of our trading situation now and then open the floor for questions.

Starting with the situation in our end markets. We still -- first, the situation is quite positive in the steel sector in the world, excluding China. In the world outside of China, the steel production has been growing a bit over 16% year-to-date. And even in

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