secwatch.observer — SEC 8-K summary
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Issuer:     LUXFER HOLDINGS PLC (LXFR)
CIK:        0001096056
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001096056-24-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Luxfer Q4 2023 adj EPS $0.13, initiates sale of Graphic Arts, provides FY2024 guidance
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- Q4 GAAP net loss from cont ops $6.5M ($0.24 loss per share); adj net income $3.6M ($0.13 adj EPS).
- Full year GAAP net loss $2.6M ($0.10 loss per share); adj net income $21.6M ($0.80 per share).
- Initiated sale process for Graphic Arts, expects divestiture in 2024; no material synergies between Gas Cylinders and Elektron.
- 2024 guidance (excl Graphic Arts): adjusted sales -3% to +1%, adj EBITDA $42M-$46M, adj EPS $0.70-$0.85, FCF $20M-$24M.
- Free cash flow from cont ops $16.8M, up $9.3M YoY; net debt $69.9M, net debt to adj EBITDA 1.6x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1096056/000109605624000009/0001096056-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1096056/000109605624000009/lxfr-20240227.htm
  HTML page:      https://secwatch.observer/filing/0001096056-24-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer