Luxfer Holdings Announces 2018 Third Quarter Financial Results

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Luxfer Holdings plc (LXFR) Reports Q3 EPS of $0.53

October 31, 2018 4:47 PM EDT

Luxfer Holdings plc (NYSE: LXFR) reported Q3 EPS of $0.53. Revenue for the quarter came in at $129.1 million.

Consolidated revenue for the third quarter of 2018 increased 12 percent to $129.1 million from $115.2 million for the third quarter of 2017.Elektron Segment revenue increased 11 percent on continued strong growth in the companys proprietary SoluMag® alloy and higher shipments of zirconium-based catalysts, partially offset by lower shipments of disaster relief products.Gas Cylinder Segment revenue increased 13 percent due to growth in alternate fuel systems and Superform products.Gross profit... More