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Luxfer Holdings PLC - LXFR STOCK NEWS

Welcome to our dedicated news page for Luxfer Holdings PLC (Ticker: LXFR), a resource for investors and traders seeking the latest updates and insights on Luxfer Holdings PLC.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Luxfer Holdings PLC's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Luxfer Holdings PLC's position in the market.

Rhea-AI Summary
Luxfer Holdings PLC (NYSE: LXFR) reported fourth-quarter financial results exceeding expectations due to increased demand in Gas Cylinders and cost improvements. The company achieved a net cash flow of $26.2 million, a $10.4 million increase from the previous year, with free cash flow reaching $16.8 million, up by $9.3 million. The 2024 guidance forecasts adjusted sales to be -3% to +1%, with adjusted EBITDA of $42M to $46M, adjusted EPS of $0.70 to $0.85, and free cash flow of $20M to $24M. Luxfer also initiated a sale process for Graphic Arts as part of its strategic review process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.08%
Tags
earnings
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Rhea-AI Summary
Luxfer Holdings PLC (NYSE: LXFR) announced strong fourth-quarter financial results surpassing company expectations driven by increased demand for Gas Cylinders and improved cost structure. The net cash provided from continuing operations saw a significant $10.4 million increase compared to the prior year, reaching $26.2 million. The free cash flow from continuing operations also surged by $9.3 million, totaling $16.8 million. The company's 2024 guidance, excluding Graphic Arts, forecasts adjusted sales to be between -3% to +1%, with an expected improvement in the second half of the year. Adjusted EBITDA is projected to be in the range of $42M to $46M, adjusted EPS between $0.70 to $0.85, and free cash flow ranging from $20M to $24M. Luxfer also initiated a sale process for Graphic Arts and identified wider strategic options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.08%
Tags
earnings
-
Rhea-AI Summary
Luxfer Holdings PLC (LXFR) announced details for its Q4 and FY 2023 earnings conference call scheduled for February 28, 2024. Key participants include CEO Andy Butcher, CFO Steve Webster, and VP Kevin Grant. Dial-in and webcast information provided for investor participation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.99%
Tags
earnings
News
Rhea-AI Summary
Luxfer Holdings PLC (LXFR) declares a quarterly dividend of 13 cents per ordinary share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.19%
Tags
dividends
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Rhea-AI Summary
Luxfer Holdings PLC (NYSE: LXFR) reported its financial results for the third quarter of 2023. Net sales decreased by 2.8% to $97.4 million compared to the same period last year. GAAP net loss from continuing operations was $1.5 million, while adjusted net income was $1.1 million. Adjusted EBITDA decreased by $10.1 million to $6.0 million. The company launched an accelerated and expanded strategic review and lowered its full-year guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
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Rhea-AI Summary
Luxfer Holdings PLC to release Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.43%
Tags
earnings
Rhea-AI Summary
Luxfer Holdings PLC announces preliminary results for Q3 2023, falling well below expectations. Challenges include waning demand, supply chain issues, and competitive cost pressures. Q3 net sales estimated at $97 million with adjusted earnings per share of approximately $0.04. Turnaround plan in Graphic Arts business to reduce costs. Full year 2023 results tracking lower than previously provided guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.43%
Tags
earnings
-
News
Rhea-AI Summary
Luxfer Holdings PLC declares quarterly dividend of 13 cents per ordinary share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
dividends
-
Rhea-AI Summary
Luxfer Holdings PLC (NYSE: LXFR) reported its second quarter 2023 financial results, with net sales of $110.4 million, a 0.8% increase compared to the prior year period. GAAP diluted EPS from continuing operations decreased to $0.18, while adjusted diluted EPS decreased to $0.27. Adjusted EBITDA decreased by 14.8% to $14.4 million. The company's Elektron segment saw a decrease in net sales and adjusted EBITDA, while the Gas Cylinders segment experienced an increase in net sales and adjusted EBITDA. Luxfer expects adjusted earnings per share of $0.88 to $1.00 for the full year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.29%
Tags
earnings
Rhea-AI Summary
Luxfer Holdings PLC (NYSE: LXFR) will release financial results for the second quarter of 2023 on July 25, 2023. A conference call is scheduled for July 26, 2023 at 8:30 a.m. EDT to review the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
earnings
Luxfer Holdings PLC

NYSE:LXFR

LXFR Rankings

LXFR Stock Data

278.27M
24.51M
1.88%
91.94%
1.07%
Metal Tank (Heavy Gauge) Manufacturing
Manufacturing
Link
United Kingdom
Salford

About LXFR

luxfer gas cylinders, the world’s largest manufacturer of aluminum and composite cylinders for high-pressure gas storage, has a long history of cylinder innovation. using patented and proprietary alloys to develop products that are light, durable and corrosion-resistant, luxfer has established a worldwide presence in markets such as life support, alternative fuel, medical, specialty gas, industrial, beverage, fire extinguishers, aerospace, inflation, scuba and performance racing. luxfer operates manufacturing facilities in the united states, the uk, france, canada, china and india. more than 50 million luxfer cylinders in service around the world have an exemplary record for dependable service and safety.