earnings
confidence high
sentiment neutral
materiality 0.65
Luxfer Q1 net sales +13.8% to $97M; GAAP EPS $0.28; raises FY22 adj. EPS guidance to $1.35-1.50
LUXFER HOLDINGS PLC
2022-Q1 EPS reported
$0.28
revenue$97,000,000
- Adjusted EPS of $0.33 vs $0.39 YoY; adjusted EBITDA $16.1M, down 9% on supply chain constraints.
- Elektron segment net sales +11.4%; Gas Cylinders +17.1% (SCI acquisition) but adjusted EBITDA -55%.
- Andy Butcher becomes CEO effective immediately; Alok Maskara steps down after five years.
- Quarterly dividend raised 4% to $0.13/share; free cash flow outflow $10.3M vs inflow $13.8M YoY.
- 2022 adjusted diluted EPS guidance improved to $1.35-$1.50 from $1.30-$1.50; long-term $2.00 target by 2025.