Luxfer Holdings plc (LXFR) Tops Q3 EPS by 1c

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Luxfer Holdings PLC Announces Third Quarter 2021 Financial Results

October 25, 2021 4:30 PM EDT

Third Quarter 2021 Summary (all comparisons year-over-year unless otherwise noted; results exclude aluminum products discontinued operations)

Net sales of $91.2 million increased 17.4%, including a 10.2% benefit from the SCI acquisition GAAP net income of $6.0 million increased from $2.4 million; adjusted net income of $7.2 million increased 9.1% GAAP EPS of $0.21 increased from $0.09; adjusted EPS of $0.26 increased 8.3% Adjusted EBITDA of $13.8 million increased 0.7%; adjusted EBITDA margin of 15.1% decreased 250 basis points primarily due to SCI performance Narrowing 2021 adjusted EPS guidance range to $1.20 to $1.25 from the prior range of $1.15 to $1.30.

MANCHESTER, England--(BUSINESS WIRE)-- Luxfer Holdings PLC (NYSE:... More