Welcome to our dedicated page for Luxfer Holdings news (Ticker: LXFR), a resource for investors and traders seeking the latest updates and insights on Luxfer Holdings stock.
Luxfer Holdings PLC reports news on a global industrial materials engineering business that manufactures high-performance materials, components and high-pressure gas containment devices. Its updates center on specialty applications for defense and emergency response, clean energy, healthcare, transportation, aerospace and industrial markets, including activity in Elektron specialty materials and Gas Cylinders products.
Recurring announcements cover quarterly and annual results, margin and cash-flow trends, portfolio focus, operational excellence initiatives, quarterly dividends and earnings conference calls. Company releases also reference proprietary technologies, manufacturing expertise and end-market demand for magnesium- and zirconium-based materials, composite cylinders and related engineered products.
Luxfer Holdings PLC (NYSE: LXFR) reported its first quarter 2023 results, showing a net sales increase of 4.4% year-over-year to $101.3 million. However, GAAP diluted EPS from continuing operations dropped to $0.02, down from $0.28 the previous year. Adjusted diluted EPS also decreased to $0.20 compared to $0.33 in Q1 2022. Adjusted EBITDA fell 29.8% to $11.3 million, influenced by inflation and lower demand in certain markets. The Elektron Segment saw a 9.5% rise in net sales, but adjusted EBITDA dropped 34.3%. The Gas Cylinders Segment experienced a 2.1% sales decline. Free cash flow was a $16.4 million outflow. The company affirmed its 2023 adjusted diluted EPS guidance of $1.15 to $1.35.
Luxfer Holdings PLC (NYSE: LXFR) announced it will release its financial results for Q1 2023 after market close on April 26, 2023. A conference call to discuss these results will take place on April 27, 2023, at 8:30 a.m. EDT. Participants can join the call by dialing (800) 225-9448 or (203) 518-9708 for international calls, using the conference ID LXFRQ123. A live webcast will also be available at LXFR 1Q 2023 Live Webcast. A recording will be available for replay two hours post-call until May 11, 2023.
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 location value="LC/us" idsrc="xmltag.org"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.
Summary not available.
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.