Luxfer Holdings Announces Strong Growth in Revenue and Earnings for 2018 Second Quarter
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Luxfer Holdings plc (LXFR) Reports Q2 EPS of $0.44; Boosts FY18 EPS View
August 1, 2018 4:59 PM EDTLuxfer Holdings plc (NYSE: LXFR) reported Q2 EPS of $0.44. Revenue for the quarter came in at $128.2 million
Consolidated revenue for the second quarter of 2018 increased 20 percent to $128.2 million from $106.6 million in the second quarter of 2017.Elektron Segment revenue increased 34 percent on strong growth in the companys proprietary SoluMag® alloy, in addition to continued strength in magnesium-based disaster-relief products and higher shipments of zirconium-based catalysts.Gas Cylinder Segment revenue increased 8 percent on higher shipments of aluminum cylinders, alternate fuel systems, and Superform... More