Luxfer Holdings Plc Stock Price, News & Analysis

Luxfer Holdings PLC (NYSE: LXFR) has declared a quarterly dividend of 13 cents per ordinary share.

The payment is set for May 3, 2023, to shareholders recorded by April 14, 2023. NYSE-listed shareholders will receive payments in U.S. dollars. Shareholders with shares not listed on NYSE may opt for payment in pounds sterling, applicable if a previous request was made.

This move reflects Luxfer's commitment to returning value to its shareholders amidst its continued focus on innovation and value creation in materials engineering.

Luxfer Holdings PLC (NYSE: LXFR) reported Q4 2022 net sales of $116.7 million, an 18.2% increase year-over-year, driven by cost pass-throughs and improved volume. GAAP diluted EPS rose to $0.23 from $0.13, while adjusted diluted EPS increased to $0.31. Full-year sales reached $423.4 million, up 13.2%, with net income growing to $32.0 million. However, adjusted EBITDA fell slightly to $63.1 million, reflecting inflation and supply chain issues. For 2023, Luxfer anticipates 6%-10% revenue growth and adjusted EPS between $1.15 and $1.35.

Luxfer Holdings PLC (NYSE: LXFR) has announced the upcoming release of its financial results for the fourth quarter and full year of 2022, scheduled for February 28, 2023, after market close. A conference call will be held on March 1, 2023, at 8:30 a.m. EST to discuss the results and provide insights into the company’s performance. Participants can join the call via phone or through a live webcast, with a recording available post-event until March 15, 2023. Luxfer specializes in materials engineering, focusing on high-performance materials for various industrial applications.

Luxfer Holdings PLC (NYSE: LXFR) has declared a quarterly dividend of 13 cents per ordinary share, payable on February 1, 2023, to shareholders on record as of January 13, 2023. The dividend will be disbursed in U.S. dollars through the Company’s agent for NYSE-listed shares, while non-listed shareholders have the option of receiving payment in pounds sterling. If previously selected, the currency preference will continue unless changed by January 12, 2023.

Luxfer Holdings PLC (NYSE: LXFR) reported a 9.9% increase in net sales to $100.2 million for Q3 2022, driven by inflation cost pass-through. GAAP diluted EPS grew to $0.31, while adjusted diluted EPS rose to $0.35. Adjusted EBITDA increased by 16.7% to $16.1 million despite foreign exchange losses of $4.9 million. The 2022 EPS guidance narrowed to $1.35 - $1.40 from $1.35 - $1.50. The Elektron segment outperformed, showing a 24.6% increase in net sales; however, the Gas Cylinders segment saw a 4.8% decline.

Luxfer Holdings PLC (NYSE: LXFR) announced a quarterly dividend of 13 cents per share, payable on November 2, 2022. Shareholders of record by October 14, 2022 will receive payment in U.S. dollars, with an option to switch to pounds sterling if previously elected.

The company will release its third-quarter financial results on October 25, 2022, followed by a conference call on October 26, 2022, at 8:30 a.m. EDT for a detailed review.

Luxfer Holdings PLC (NYSE: LXFR) reported net sales of $109.5 million for Q2 2022, marking a 10.6% increase year-over-year, primarily due to inflation and volume effects. GAAP diluted EPS dropped to $0.35, while adjusted EPS remained steady at $0.36. Adjusted EBITDA fell 2.3% to $16.9 million. The Elektron segment showed strong growth, with net sales up 20.8% to $63.4 million. Despite challenges from supply chain constraints and inflation impacting costs, the company reaffirmed its 2022 adjusted diluted EPS guidance of $1.35 to $1.50.

Janus International Group, Inc. (NYSE: JBI) announced the appointment of Heather Harding to its Board of Directors as a Class I Director and member of the Audit Committee, effective July 7, 2022. With over 25 years of financial leadership in global industrial companies, Harding previously served as CFO of Luxfer Holdings PLC (NYSE: LXFR). Her expertise is expected to enhance Janus's strategic growth and financial oversight as the company aims to strengthen its position in the self-storage and commercial sectors.