BUZZ-Vesuvius: Robust FY results drive shares up
** Shares (Berlin: DI6.BE - news) in Vesuvius Plc (LSE: VSVS.L - news) rise as much as 6 percent, climbing to a 13-month high after the company posted an underlying trading profit of 11.6 percent
** The maker of ceramic moulds and lining for steel makers and foundries says progressing with plan to improve operational efficiency, which should drive further improvement in trading margins during 2015
** Full-year underlying group revenue up 3.5 percent to 1.4 billion pounds ($2.15 billion)
** Vesuvius to pay final dividend of 11.12 pence, which would result in full-year dividend of 16.12 pence, higher than 15 pence in 2013
** Morgan Stanley (Xetra: 885836 - news) analysts say the company continued to show operational improvements, with margins up 60bp year-on-year, inline with estimates
** "Revenues grew faster than steel production in EMEA and South America, but management guidance for a similar trading environment indicates that the markets will remain difficult in 2015," Morgan Stanley analysts say in a note to clients
($1 = 0.6509 pounds) (aashika.jain.thomsonreuters.com@reuters.net)