Specialty materials maker Luxfer Q3 profit beats estimates on robust demand in defense sector

Reuters10-29
Specialty materials maker Luxfer Q3 profit beats estimates on robust demand in defense sector

Overview

  • Luxfer Q3 adjusted net sales rise 1.6%, beating analyst expectations, per LSEG data

  • Adjusted EPS for Q3 beats consensus, rising 11.1% to $0.30

  • Company raises full-year 2025 guidance for adjusted EPS and EBITDA

Outlook

  • Luxfer raises full-year 2025 guidance to adjusted EPS of $1.04 to $1.08

  • Company expects full-year 2025 adjusted EBITDA of $50 mln to $51 mln

Result Drivers

  • DEFENSE AND AEROSPACE DEMAND - Co attributes strong profitability and cash generation to continued demand in defense and aerospace sectors

  • FOCUS ON CORE MARKETS - Completion of Graphic Arts sale allows co to sharpen focus on core and high-value markets

  • POWDERS CENTER OF EXCELLENCE - New center within Elektron expected to enhance growth and deliver $2 mln of annual savings

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

Beat

$92.90 mln

$92.70 mln (1 Analyst)

Q3 Adjusted EPS

Beat

$0.30

$0.25 (1 Analyst)

Q3 EPS

$0.09

Q3 Adjusted EBITDA

Beat

$13.60 mln

$12.10 mln (1 Analyst)

Analyst Coverage

  • Wall Street's median 12-month price target for Luxfer Holdings PLC is $17.00, about 21.2% above its October 27 closing price of $13.40

  • The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nBwc6j9bwa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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