Q1 2023 Vesuvius PLC Trading Statement Call Transcript

May 18, 2023 / 08:00AM GMT
Operator

Good day, ladies and gentlemen, and welcome to the Vesuvius plc AGM 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 am Patrick Andre, the CEO of Vesuvius and together with me this morning, we have Mark Collis, our Chief Financial Officer.

So I will give you some update about our trading performance since the start of the year. The most important message is that we've been performing well since the beginning of the year. Our trading year-to-date has been positive in both of steel and foundry divisions with both volumes and pricing slightly above our expectations. We are particularly happy with the performance improvement in our foundry division, where thanks to the market recovery and also good performance and good progress of the division.

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