Luxfer Holdings plc (LXFR) Cuts Q3 Outlook
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Luxfer Group Updates Third-quarter 2016 Guidance and Announces Conference Call for November 8
October 10, 2016 5:00 PM EDTSALFORD, England--(BUSINESS WIRE)-- Luxfer Group (NYSE: LXFR) (the Company) today provided updated guidance for its third quarter ended September 30, 2016, and announced that it will release financial results after the market closes on Monday, November 7, 2016. Luxfer has scheduled a conference call at 8:30 a.m. U.S. Eastern Time on Tuesday, November 8, 2016.
When Luxfer reported second-quarter 2016 results on August 9, 2016, the Company advised that it anticipated weaker third-quarter trading, with certain contracted shipments rescheduled into the fourth quarter. In addition, the Company noted that lower defense spending was affecting demand for its magnesium-based products,... More
