Welcome to our dedicated page for Luxfer Holdings PLC Ordinary Shares news (Ticker: LXFR), a resource for investors and traders seeking the latest updates and insights on Luxfer Holdings PLC Ordinary Shares stock.
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.
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
Luxfer Holdings PLC (NYSE: LXFR) has declared a quarterly dividend of
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
The company will release its third-quarter financial results on
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
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.
FAQ
What is the current stock price of Luxfer Holdings PLC Ordinary Shares (LXFR)?
What is the market cap of Luxfer Holdings PLC Ordinary Shares (LXFR)?
What does Luxfer Holdings PLC specialize in?
Which segments contribute most to Luxfer's revenue?
In which industries are Luxfer's products used?
Where are Luxfer's manufacturing facilities located?
What makes Luxfer's cylinders unique?
How has Luxfer contributed to innovation in their field?
What recent projects has Luxfer undertaken?
How many Luxfer cylinders are currently in service worldwide?
What applications use Luxfer's high-performance materials?
What is Luxfer's approach to value creation?
