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) 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.
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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.
Luxfer Holdings PLC (NYSE: LXFR) has declared a quarterly dividend of 13 cents per share to be paid on August 3, 2022. Shareholders of record by July 15, 2022 will receive this dividend. The payment will be in U.S. dollars, with an option for shareholders to receive it in pounds sterling. Additionally, Luxfer will report its second quarter financial results on July 26, 2022, followed by a conference call on July 27, 2022, at 8:30 a.m. EDT.
Luxfer Holdings PLC (NYSE: LXFR) has appointed Sylvia A. Stein to its Board of Directors, effective August 1, 2022. Stein, currently Vice President and General Counsel at Modine Manufacturing Company (NYSE: MOD), brings over 20 years of experience in business strategy, sustainability, and risk management. She will serve on both the Nominating and Governance Committee and the Audit Committee, helping to enhance Luxfer's strategic direction and shareholder value.
Luxfer Holdings PLC (NYSE: LXFR) reported its Q1 2022 financial results, with net sales of $97.0 million, marking a 13.8% increase from the previous year. However, GAAP diluted EPS decreased to $0.28, down $0.03, and adjusted EPS fell to $0.33, down $0.06. Adjusted EBITDA also declined by 9.0% to $16.1 million, reflecting supply chain challenges. Capital resources saw a $10.3 million cash outflow. The company raised its 2022 adjusted diluted EPS guidance from $1.30-$1.50 to $1.35-$1.50.
Luxfer Holdings PLC (NYSE: LXFR) will announce its Q1 2022 financial results on April 25, 2022, post-market. A conference call is scheduled for April 26, 2022, at 8:30 a.m. EDT to discuss these results. Investors can access the call by dialing (866) 342-8591 or (203) 518-9822, and a recording will be available for replay two hours after the call until May 10, 2022. Additional materials will be available on the Luxfer website.