Luxfer Reports Strong Fourth Quarter 2024 Driven by Key End Markets Sales
Luxfer Holdings (NYSE: LXFR) reported strong Q4 2024 results with GAAP Net Sales of $103.4 million, up 7.8% year-over-year. The company demonstrated significant improvements in profitability, with gross profit increasing 37.1% to $22.9 million and Adjusted EBITDA rising 45.3% to $13.8 million.
Q4 highlights include GAAP Net Income of $3.3 million ($0.12 EPS), compared to a prior-year loss, and Adjusted EPS growth of 61.1% to $0.29. The company generated $30.0 million in Free Cash Flow during the quarter.
For full-year 2024, despite a 3.2% decline in GAAP Net Sales to $391.9 million, Luxfer achieved GAAP Net Income of $18.3 million ($0.68 EPS) and delivered $47.7 million in Free Cash Flow, significantly reducing net debt to $41.0 million. The company's planned sale of its Graphic Arts business is expected to close in H1 2025.
Luxfer Holdings (NYSE: LXFR) ha riportato risultati solidi per il Q4 2024 con Vendite Netti GAAP di 103,4 milioni di dollari, in aumento del 7,8% rispetto all'anno precedente. L'azienda ha dimostrato significativi miglioramenti nella redditività, con un utile lordo aumentato del 37,1% a 22,9 milioni di dollari e un EBITDA rettificato in crescita del 45,3% a 13,8 milioni di dollari.
I punti salienti del Q4 includono un Utile Netto GAAP di 3,3 milioni di dollari (0,12 dollari per azione), rispetto a una perdita dell'anno precedente, e una crescita dell'EPS rettificato del 61,1% a 0,29 dollari. L'azienda ha generato 30,0 milioni di dollari di Flusso di Cassa Libero durante il trimestre.
Per l'intero anno 2024, nonostante un calo del 3,2% nelle Vendite Netti GAAP a 391,9 milioni di dollari, Luxfer ha raggiunto un Utile Netto GAAP di 18,3 milioni di dollari (0,68 dollari per azione) e ha realizzato 47,7 milioni di dollari di Flusso di Cassa Libero, riducendo significativamente il debito netto a 41,0 milioni di dollari. La vendita pianificata da parte dell'azienda della sua attività di Arti Grafiche dovrebbe chiudersi nel primo semestre del 2025.
Luxfer Holdings (NYSE: LXFR) reportó resultados sólidos para el Q4 2024 con Ventas Netas GAAP de 103,4 millones de dólares, un aumento del 7,8% en comparación con el año anterior. La compañía mostró mejoras significativas en rentabilidad, con una ganancia bruta que aumentó un 37,1% a 22,9 millones de dólares y un EBITDA ajustado que creció un 45,3% a 13,8 millones de dólares.
Los aspectos destacados del Q4 incluyen un Ingreso Neto GAAP de 3,3 millones de dólares (0,12 dólares por acción), en comparación con una pérdida del año anterior, y un crecimiento del EPS ajustado del 61,1% a 0,29 dólares. La compañía generó 30,0 millones de dólares en Flujo de Caja Libre durante el trimestre.
Para el año completo 2024, a pesar de una disminución del 3,2% en las Ventas Netas GAAP a 391,9 millones de dólares, Luxfer logró un Ingreso Neto GAAP de 18,3 millones de dólares (0,68 dólares por acción) y generó 47,7 millones de dólares en Flujo de Caja Libre, reduciendo significativamente la deuda neta a 41,0 millones de dólares. Se espera que la venta planificada de su negocio de Artes Gráficas se cierre en la primera mitad de 2025.
Luxfer Holdings (NYSE: LXFR)는 2024년 4분기 실적을 발표하며 GAAP 순매출이 1억 340만 달러로 전년 대비 7.8% 증가했다고 보고했습니다. 회사는 수익성에서 상당한 개선을 보여주었으며, 총 이익은 37.1% 증가한 2천 290만 달러, 조정 EBITDA는 45.3% 증가한 1천 380만 달러에 달했습니다.
4분기 주요 내용으로는 GAAP 순이익이 330만 달러(주당 0.12달러)로 전년의 손실에 비해 개선되었고, 조정 주당순이익(EPS)은 61.1% 증가하여 0.29달러에 달했습니다. 회사는 이번 분기 동안 3천만 달러의 자유 현금을 생성했습니다.
2024년 전체 연도에 대해, GAAP 순매출이 3.2% 감소하여 3억 9190만 달러에 이르렀음에도 불구하고, Luxfer는 GAAP 순이익 1천 830만 달러(주당 0.68달러)를 달성했으며, 4천 770만 달러의 자유 현금을 제공하여 순부채를 4천 100만 달러로 크게 줄였습니다. 회사의 그래픽 아트 사업 매각 계획은 2025년 상반기에 완료될 것으로 예상됩니다.
Luxfer Holdings (NYSE: LXFR) a annoncé de solides résultats pour le Q4 2024, avec des Ventes Nettes GAAP de 103,4 millions de dollars, en hausse de 7,8% par rapport à l'année précédente. L'entreprise a démontré d'importantes améliorations de sa rentabilité, avec un bénéfice brut en hausse de 37,1% à 22,9 millions de dollars et un EBITDA ajusté en augmentation de 45,3% à 13,8 millions de dollars.
Les points forts du Q4 incluent un bénéfice net GAAP de 3,3 millions de dollars (0,12 $ par action), comparé à une perte l'année précédente, et une croissance de l'EPS ajusté de 61,1% à 0,29 $. L'entreprise a généré 30,0 millions de dollars de flux de trésorerie libre au cours du trimestre.
Pour l'année entière 2024, malgré une baisse de 3,2% des Ventes Nettes GAAP à 391,9 millions de dollars, Luxfer a réalisé un bénéfice net GAAP de 18,3 millions de dollars (0,68 $ par action) et a généré 47,7 millions de dollars de flux de trésorerie libre, réduisant ainsi sa dette nette à 41,0 millions de dollars. La vente prévue de son activité d'Arts Graphiques devrait être finalisée au premier semestre 2025.
Luxfer Holdings (NYSE: LXFR) berichtete über starke Ergebnisse im Q4 2024 mit GAAP Nettoumsatz von 103,4 Millionen US-Dollar, ein Anstieg von 7,8% im Vergleich zum Vorjahr. Das Unternehmen zeigte signifikante Verbesserungen in der Rentabilität, mit einem Bruttogewinn, der um 37,1% auf 22,9 Millionen US-Dollar stieg, und einem bereinigten EBITDA, das um 45,3% auf 13,8 Millionen US-Dollar zulegte.
Die Höhepunkte des Q4 umfassen ein GAAP Nettoergebnis von 3,3 Millionen US-Dollar (0,12 US-Dollar pro Aktie), im Vergleich zu einem Verlust im Vorjahr, und ein Wachstum des bereinigten EPS von 61,1% auf 0,29 US-Dollar. Das Unternehmen generierte im Quartal 30,0 Millionen US-Dollar an freiem Cashflow.
Für das Gesamtjahr 2024, trotz eines Rückgangs der GAAP Nettoumsätze um 3,2% auf 391,9 Millionen US-Dollar, erzielte Luxfer ein GAAP Nettoergebnis von 18,3 Millionen US-Dollar (0,68 US-Dollar pro Aktie) und lieferte 47,7 Millionen US-Dollar an freiem Cashflow, wodurch die Nettoverschuldung auf 41,0 Millionen US-Dollar erheblich gesenkt wurde. Der geplante Verkauf des Grafikgeschäfts des Unternehmens wird voraussichtlich im ersten Halbjahr 2025 abgeschlossen.
- Q4 Net Sales up 7.8% to $103.4M
- Q4 Gross Profit increased 37.1% to $22.9M
- Q4 Adjusted EBITDA up 45.3% to $13.8M
- Q4 Free Cash Flow of $30.0M
- Full-year Net Income improved to $18.3M from loss
- Significant debt reduction to $41.0M
- Full-year Net Sales declined 3.2% to $391.9M
- Full-year Adjusted Net Sales down 3.0%
Insights
Luxfer Holdings (NYSE: LXFR) delivered exceptionally strong Q4 2024 results that suggest meaningful operational momentum heading into 2025. The 9.3% growth in adjusted net sales coupled with a substantial 440 basis point expansion in adjusted gross margins to 23.4% demonstrates significant operational improvements and potentially enhanced pricing power in key markets.
The company's profitability metrics show impressive year-over-year gains, with adjusted EPS surging 61.1% to $0.29 and adjusted EBITDA climbing 45.3% to $13.8 million. This dramatic improvement in bottom-line performance despite more modest top-line growth suggests successful implementation of operational efficiency initiatives and potentially favorable product mix shifts.
Particularly noteworthy is Luxfer's exceptional cash flow generation, with $30 million in free cash flow for Q4 and $47.7 million for the full year. This robust cash conversion has enabled significant deleveraging, with net debt reduced to just $41 million – representing less than 1x adjusted EBITDA. This strengthened balance sheet provides substantial financial flexibility for potential acquisitions, increased shareholder returns, or further investments in organic growth initiatives.
The planned divestiture of the Graphic Arts business, expected to close in H1 2025, should further streamline operations and allow management to concentrate resources on higher-growth, higher-margin segments. The significant divergence between GAAP and adjusted metrics suggests substantial one-time factors affecting results, including costs related to this strategic repositioning.
The strong Q4 performance against somewhat weaker full-year results indicates positive business momentum that likely informed management's 2025 guidance. With its improved profitability profile, strengthened balance sheet, and strategic focus on core operations, Luxfer appears well-positioned to deliver enhanced shareholder value in the coming year.
Provides Full Year 2025 Guidance
Fourth Quarter 2024 Highlights*
-
GAAP Net Sales of
$103.4 million 7.8% from$95.9 million 9.3% to$96.0 million -
Gross Profit increased to
$22.9 million 37.1% increase from$16.7 million -
Adjusted Gross Profit rose
34.7% to$22.5 million 23.4% compared to19.0% -
GAAP Net Income of
$3.3 million $6.5 million $0.12 $0.24 -
Adjusted EPS1 of
$0.29 61.1% from$0.18 -
Adjusted EBITDA1 of
$13.8 million 45.3% from$9.5 million -
Delivered
$30.0 million
Full Year 2024 Highlights*
-
GAAP Net Sales of
$391.9 million 3.2% from$405.0 million 3.0% to$362.3 million -
GAAP Net Income of
$18.3 million $2.6 million $0.68 $0.10 -
Adjusted EPS1 of
$0.99 2.1% from$0.97 -
Adjusted EBITDA1 of
$49.8 million 1.2% from$49.2 million -
Delivered
$47.7 million $41.0 million - Strategic Actions: Sale of the Graphic Arts business is proceeding as planned and currently expected to close in H1 2025
1 Note: Adjusted Results Excludes Graphic Arts business and impact of Legal Cost Recovery / Expense
* Comparative information is relative to prior-year fourth quarter and full year
Luxfer will conduct an investor teleconference at 8:30 a.m. ET on Wednesday February 26, 2025. Investors can access this conference via any of the following:
- Webcast: Accessible by clicking on this link Luxfer Q4 2024 Earnings
-
Live Telephone: Call 800-274-8461 within the
U.S. or +1 203-518-9814 outside theU.S. Please join the call at least 15 minutes before the start time (Conference ID:LXFRQ424). - Webcast Replay: Available on Luxfer’s website beginning at approximately 4:30 p.m. Eastern Time on February 26, 2025.
-
Telephone Replay: Call 800-925-9348 within the
U.S. or +1 402-220-5381 outside theU.S. (for bothU.S. and outside theU.S. access code is 6639). - Presentation Material: Earnings presentation material and podcasts can be accessed through the Investors portion of the Company’s website at luxfer.com under Quarterly Reports and Presentations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250225429467/en/
Kevin Cornelius Grant
Vice President of Investor Relations and Business Development
kevin.grant@luxfer.com
Source: Luxfer Holdings PLC
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