Welcome to our dedicated page for Luxfer Holdings Plc news (Ticker: LXFR), a resource for investors and traders seeking the latest updates and insights on Luxfer Holdings Plc stock.
Luxfer Holdings PLC (NYSE: LXFR) is frequently featured in business and regulatory news as a global industrial company focused on niche applications in materials engineering. Its news flow often centers on how its high-performance materials, components, and high-pressure gas containment devices support end markets such as defense and emergency response, clean energy, healthcare, transportation, and specialty industrial applications.
On this news page, readers can find earnings announcements and financial updates where Luxfer reports GAAP and non-GAAP results, discusses segment performance, and comments on demand trends in areas like defense and aerospace. These releases typically explain how management views Adjusted Net Sales, Adjusted EBITDA, and Adjusted EPS, and how these non-GAAP measures relate to the company’s strategic and operational decisions.
Luxfer’s news also includes capital allocation updates, such as declarations of interim or quarterly dividends on its ordinary shares, with details on record dates and payment dates disclosed through both press releases and Form 8-K filings. In addition, the company issues announcements about strategic actions, including the divestiture of its Graphic Arts business to Vulcan Metals Specialty Products, Inc., and initiatives that sharpen its focus on the core Gas Cylinders and Elektron segments.
Governance and leadership developments appear as well, such as the appointment of new non-executive directors with experience in aerospace, defense, and international operations. Investors and observers who follow LXFR news can use this page to track how Luxfer communicates its strategy, portfolio changes, operational initiatives, and shareholder returns over time.
Luxfer Holdings PLC (NYSE: LXFR) announced Q1 results, reporting a 3.6% drop in net sales to $85.2 million. Factors impacting sales included COVID-19, but growth in alternative fuel and military products partially offset declines. GAAP net income rose to $8.6 million ($0.31 per diluted share), while adjusted net income increased 16% to $10.9 million. Free cash flow improved, leading to a $26 million annualized savings from transformation initiatives. Guidance for adjusted EPS was raised to $1.10 to $1.30.
Luxfer Holdings PLC (NYSE: LXFR) announced that it will release its financial results for Q1 2021 post-market on April 26, 2021. A conference call is scheduled for April 27, 2021, at 8:30 a.m. U.S. Eastern Time, accessible via phone or webcast. The call will last approximately one hour, with a recording available for replay shortly after. Luxfer manufactures highly-engineered materials for various industries, emphasizing technical know-how and proprietary technologies.
Luxfer Holdings PLC (NYSE: LXFR) has declared an interim dividend of 12.5 cents per ordinary share, payable on May 5, 2021 to shareholders of record by April 16, 2021. Dividends will be issued in U.S. dollars, with the option for non-NYSE listed shareholders to receive payments in pounds sterling. This payment reflects Luxfer's commitment to value creation through its high-performance industrial materials used in defense, healthcare, and transportation sectors.
Luxfer Holdings PLC (NYSE:LXFR) has acquired the Structural Composites Industries (SCI) business from Worthington Industries, Inc. for $20 million in cash. This acquisition strengthens Luxfer's composite cylinder offering and enhances its capabilities in alternative fuels, particularly in compressed natural gas (CNG) and hydrogen sectors. The SCI team will join Luxfer's existing operations in Riverside, CA, contributing to a broader portfolio and increased innovation capacity. Luxfer expects the acquisition to be accretive to Adjusted EPS in 2022, with significant cost and revenue synergies anticipated within three years.
Luxfer Holdings PLC (NYSE: LXFR) reported a 4Q 2020 net sales of $82.1 million, down 0.2% year-over-year, with benefits from foreign currency. GAAP net income rose to $6.6 million or $0.24 per share, compared to $1.6 million or $0.06 per share last year. The company aims to divest non-strategic aluminum product lines, including Superform. Full-year results show a 13% decrease in sales to $324.8 million and a net income of $20.8 million. Guidance for 2021 expects adjusted EPS between $1.05 and $1.25.
Luxfer Holdings PLC (NYSE: LXFR) announced it will release its financial results for Q4 and the full year ending December 31, 2020, post-market on February 23, 2021. A conference call is scheduled for February 24, 2021, at 8:30 a.m. ET. U.S. participants can dial 877-341-8545, while international participants can call +1-908-982-4601, using conference ID 9578286. The call is expected to last one hour and will be accessible via live webcast. A replay will be available shortly after and can be accessed through the Luxfer website.
Luxfer Holdings PLC (NYSE: LXFR) has announced an interim dividend of 12.5 cents per ordinary share. The dividend is payable on February 4, 2021, for shareholders on record by January 15, 2021. Shareholders with NYSE-listed shares will receive payment in U.S. dollars, while others can opt for pounds sterling. This decision reflects Luxfer's commitment to delivering value to its shareholders through dividends.
Summary not available.
Luxfer Holdings PLC (NYSE: LXFR) reported a 15.6% drop in net sales for Q3 2020, totaling $90.4 million, impacted by COVID-19, particularly in the industrial and transportation markets. GAAP net income fell to $2.6 million or $0.09 per diluted share, down from $5.8 million or $0.21 per diluted share a year earlier. Adjusted net income declined 31% to $6.9 million. Free cash flow improved to $25.6 million. Despite current challenges, the company emphasizes strong cash flow and a robust balance sheet, but has refrained from providing future financial guidance.
Luxfer Holdings PLC (NYSE: LXFR) announced a quarterly dividend of 12.5 cents per ordinary share, payable on November 4, 2020, to shareholders recorded by October 16, 2020. Dividends will be issued in U.S. dollars, with options for holders not on NYSE to receive payment in pounds sterling. The company will also release its Q3 2020 financial results after market close on October 26, 2020, followed by a conference call on October 27, 2020, at 8:30 AM EDT.