earnings
confidence high
sentiment negative
materiality 0.75
Luxfer Q2 2023: adjusted EPS $0.27, down 25% YoY; cuts FY guide to $0.88-$1.00 from $1.15-$1.35
LUXFER HOLDINGS PLC
2023-Q2 EPS reported
$0.19
revenue$211,700,000
- Net sales $110.4M (+0.8% YoY); GAAP EPS $0.18 vs $0.35; adjusted EPS $0.27 vs $0.36.
- Adjusted EBITDA $14.4M, down 14.8% YoY; free cash flow improved to $10.2M inflow.
- Gas Cylinders segment: sales +5.2%, Adj EBITDA +32.4%; Elektron: sales -2.4%, Adj EBITDA -28%.
- FY2023 adjusted EPS guidance cut to $0.88-$1.00 from prior $1.15-$1.35.
- Recorded $2.3M asset impairment charge for North American Gas Cylinders rationalization.