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Luxfer Holdings PLC Ordinary Shares - LXFR STOCK NEWS

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Luxfer Holdings PLC Ordinary Shares (symbol: LXFR) is a global manufacturer renowned for its innovative approaches in materials engineering. The company operates across various sectors, producing high-performance materials, components, and high-pressure gas containment devices. Luxfer is a market leader, especially noted for its light, durable, and corrosion-resistant aluminum and composite cylinders designed for high-pressure gas storage.

Core Business and Products: Luxfer’s product portfolio caters to an array of industries including life support, alternative fuel, medical, specialty gas, industrial, beverage, fire extinguishers, aerospace, inflation, scuba, and performance racing. The organization’s significant segments include Elektron, Gas Cylinders, and Graphic Arts, with Elektron and Gas Cylinders being the primary revenue generators. Their products leverage patented and proprietary alloys, ensuring top-tier durability and safety.

Global Presence and Manufacturing Facilities: Luxfer boasts a robust global presence with manufacturing facilities strategically located in the United States, the UK, France, Canada, China, and India. Their expansive reach ensures that more than 50 million Luxfer cylinders are in service worldwide, maintaining an exemplary record of reliability and safety.

Innovation and Milestones: With a rich history of cylinder innovation, Luxfer continues to focus on value creation through its extensive technical knowledge and proprietary technologies. The company’s high-performance materials and cutting-edge solutions are crucial for applications in defense, first response, healthcare, transportation, and general industrial sectors.

Recent Achievements and Current Projects: Luxfer remains committed to fostering a safe, clean, and energy-efficient world. Recent projects and developments emphasize sustainable practices and advanced materials technology, reinforcing the company’s position at the forefront of industrial innovation.

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Luxfer Holdings PLC (LXFR) declares a quarterly dividend of 13 cents per ordinary share, payable on May 08, 2024. The announcement aims to reward shareholders and enhance investor confidence.
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Luxfer Holdings PLC (NYSE: LXFR) reported fourth-quarter financial results exceeding expectations due to increased demand in Gas Cylinders and cost improvements. The company achieved a net cash flow of $26.2 million, a $10.4 million increase from the previous year, with free cash flow reaching $16.8 million, up by $9.3 million. The 2024 guidance forecasts adjusted sales to be -3% to +1%, with adjusted EBITDA of $42M to $46M, adjusted EPS of $0.70 to $0.85, and free cash flow of $20M to $24M. Luxfer also initiated a sale process for Graphic Arts as part of its strategic review process.
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Luxfer Holdings PLC (NYSE: LXFR) announced strong fourth-quarter financial results surpassing company expectations driven by increased demand for Gas Cylinders and improved cost structure. The net cash provided from continuing operations saw a significant $10.4 million increase compared to the prior year, reaching $26.2 million. The free cash flow from continuing operations also surged by $9.3 million, totaling $16.8 million. The company's 2024 guidance, excluding Graphic Arts, forecasts adjusted sales to be between -3% to +1%, with an expected improvement in the second half of the year. Adjusted EBITDA is projected to be in the range of $42M to $46M, adjusted EPS between $0.70 to $0.85, and free cash flow ranging from $20M to $24M. Luxfer also initiated a sale process for Graphic Arts and identified wider strategic options.
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Luxfer Holdings PLC (LXFR) announced details for its Q4 and FY 2023 earnings conference call scheduled for February 28, 2024. Key participants include CEO Andy Butcher, CFO Steve Webster, and VP Kevin Grant. Dial-in and webcast information provided for investor participation.
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Luxfer Holdings PLC (LXFR) declares a quarterly dividend of 13 cents per ordinary share
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Luxfer Holdings PLC (NYSE: LXFR) reported its financial results for the third quarter of 2023. Net sales decreased by 2.8% to $97.4 million compared to the same period last year. GAAP net loss from continuing operations was $1.5 million, while adjusted net income was $1.1 million. Adjusted EBITDA decreased by $10.1 million to $6.0 million. The company launched an accelerated and expanded strategic review and lowered its full-year guidance.
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Luxfer Holdings PLC to release Q3 2023 financial results
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Luxfer Holdings PLC announces preliminary results for Q3 2023, falling well below expectations. Challenges include waning demand, supply chain issues, and competitive cost pressures. Q3 net sales estimated at $97 million with adjusted earnings per share of approximately $0.04. Turnaround plan in Graphic Arts business to reduce costs. Full year 2023 results tracking lower than previously provided guidance.
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Luxfer Holdings PLC declares quarterly dividend of 13 cents per ordinary share.
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Luxfer Holdings PLC (NYSE: LXFR) reported its second quarter 2023 financial results, with net sales of $110.4 million, a 0.8% increase compared to the prior year period. GAAP diluted EPS from continuing operations decreased to $0.18, while adjusted diluted EPS decreased to $0.27. Adjusted EBITDA decreased by 14.8% to $14.4 million. The company's Elektron segment saw a decrease in net sales and adjusted EBITDA, while the Gas Cylinders segment experienced an increase in net sales and adjusted EBITDA. Luxfer expects adjusted earnings per share of $0.88 to $1.00 for the full year 2023.
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FAQ

What is the current stock price of Luxfer Holdings PLC Ordinary Shares (LXFR)?

The current stock price of Luxfer Holdings PLC Ordinary Shares (LXFR) is $14.34 as of November 15, 2024.

What is the market cap of Luxfer Holdings PLC Ordinary Shares (LXFR)?

The market cap of Luxfer Holdings PLC Ordinary Shares (LXFR) is approximately 391.6M.

What does Luxfer Holdings PLC specialize in?

Luxfer Holdings PLC specializes in high-performance materials, components, and high-pressure gas containment devices for various industries.

Which segments contribute most to Luxfer's revenue?

Luxfer generates the majority of its revenue from the Elektron and Gas Cylinders segments.

In which industries are Luxfer's products used?

Luxfer's products are used in life support, alternative fuel, medical, specialty gas, industrial, beverage, fire extinguishers, aerospace, inflation, scuba, and performance racing industries.

Where are Luxfer's manufacturing facilities located?

Luxfer operates manufacturing facilities in the United States, the UK, France, Canada, China, and India.

What makes Luxfer's cylinders unique?

Luxfer's cylinders are known for being light, durable, and corrosion-resistant, made using patented and proprietary alloys.

How has Luxfer contributed to innovation in their field?

Luxfer has a long history of cylinder innovation and continues to develop advanced materials and technologies for a variety of industrial applications.

What recent projects has Luxfer undertaken?

Luxfer is involved in projects focused on sustainable practices and advanced materials technology to promote a safe, clean, and energy-efficient world.

How many Luxfer cylinders are currently in service worldwide?

More than 50 million Luxfer cylinders are currently in service around the world.

What applications use Luxfer's high-performance materials?

Applications include defense, first response, healthcare, transportation, and general industrial sectors.

What is Luxfer's approach to value creation?

Luxfer focuses on value creation through its broad technical knowledge and proprietary technologies, aiming to create a safe, clean, and energy-efficient world.

Luxfer Holdings PLC Ordinary Shares

NYSE:LXFR

LXFR Rankings

LXFR Stock Data

391.59M
26.79M
1.16%
92.97%
1.4%
Specialty Industrial Machinery
Industrial Inorganic Chemicals
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United States of America
MANCHESTER