Luxfer Reports Third Quarter 2024 Results With Ongoing Margin Improvement
Luxfer Holdings PLC Ordinary Shares (LXFR)
Last luxfer holdings plc ordinary shares earnings: 4/27 04:30 pm
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Source: Business Wire
Raising 2024 guidance amid continuing strong efficiencies and enhanced profitability.Third Quarter 2024 HighlightsRaising 2024 Guidance (Excluding Legal Recovery): Adjusted EPS: $0.88-$0.94; Adjusted EBITDA: $45-$47 million; Free Cash Flow: $35-$37 million, including legal recoveries and Lakehurst, NJ land sale.Sustained Margin Growth: Achieved third consecutive quarter of Adjusted EBITDA margin growth, reaching 14.8%, demonstrating ongoing operational efficiency improvements.Land Sale: Sold Lakehurst, NJ property in Q3, recognized profit and receivables impact. Cash proceeds of $7.3 million to be reflected in Q4, banked in early October.Strategic Review: Sale of the Graphic Arts business is progressing and currently expected to close in H1 2025. MILWAUKEE--(BUSINESS WIRE)--Luxfer Holdings PLC (NYSE: LXFR) (“Luxfer” or the “Company”), a global industrial company innovating niche applications in materials engineering, today announced financial results for the third quarter 2024, end
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News
- When Should You Buy Luxfer Holdings PLC (NYSE:LXFR)? [Yahoo! Finance]Yahoo! Finance
- What To Expect From Hillenbrand's (HI) Q3 Earnings [Yahoo! Finance]Yahoo! Finance
- Luxfer Holdings PLC (LXFR) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Luxfer Holdings PLC (NYSE: LXFR) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- What To Expect From Luxfer's (LXFR) Q2 Earnings [Yahoo! Finance]Yahoo! Finance
LXFR
Earnings
- 10/29/24 - Beat
LXFR
Sec Filings
- 11/14/24 - Form SCHEDULE
- 11/12/24 - Form SC
- 11/12/24 - Form 4
- LXFR's page on the SEC website