NYSE$LXFR

Luxfer Holdings PLC · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Luxfer reported improved profitability in Q1 2024 and raised adjusted EPS, adjusted EBITDA, and free cash flow guidance.

Luxfer reported GAAP net sales of $89.4 million, meeting expectations. Profitability improved sequentially due to enhanced efficiencies and product mix. Net cash from continuing operations was $3.6 million, a significant improvement from Q1 2023. The company raised its full-year guidance for Adjusted EBITDA, Adjusted EPS, and Free Cash Flow.

  • GAAP Net Sales of $89.4 million met expectations.
  • Profitability showed significant sequential improvement.
  • Net cash provided from continuing operations improved to $3.6 million.
  • Full-year guidance was raised for Adjusted EBITDA, Adjusted EPS, and Free Cash Flow.

Headline financials

Total Revenue

$89.4M

Previous: $101M-11.7%
EPS

$0.10

Previous: $0.20-50.0%
Adjusted EBITDA

$10.5M

No prior period
Adjusted EBITDA Margin

11.7%

No prior period
Adjusted EBITA

$8.3M

No prior period
Capital Expenditures

-$1.4M

Previous: -$2M+30.0%
Free Cash Flow

$1.3M

Previous: -$1.5M+186.7%
Net Income

$2.7M

Previous: $500K+440.0%
Operating Income

$4.9M

Previous: $7.1M-31.0%
Gross Profit

$18.4M

Previous: $21.1M-12.8%
Cash & Equivalents

$6.8M

Previous: $1.8M+277.8%
Total Assets

$386M

Previous: $421M-8.3%
R&D Expense

$1.2M

No prior period
Stock-Based Comp

$600K

Previous: $600K+0.0%

Revenue & EPS history

Luxfer · Revenue · Quarterly

$89.4M

Q1 2024-11.7%vs Q1 2023
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

Luxfer · $90.7M total across 2 segments · Q4 2025

  • Elektron
    $46.9M-1.3%
  • Gas Cylinders
    $43.8M-9.7%

Forward guidance

Luxfer raised its full-year 2024 guidance, excluding the Graphic Arts segment, due to better-than-expected improvements in the first quarter and the recovery of legal fees.

Tailwinds

  • Adjusted EBITDA is expected to be between $44 million and $48 million.
  • Adjusted EPS is projected to be in the range of $0.75 to $0.90.
  • Free Cash Flow is anticipated to be between $21 million and $25 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+1.3%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+5.2%

Avg return

30 days after

47%

24 / 51 earnings

Positive

+23.5%

Q4 2023

Best reaction

-17.3%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%+16.5%+29.7%
Q4 2025-17.3%-16.9%-21.5%
Q3 2025-2.4%-6.2%-5.7%
Q2 2025-0.2%-7.3%+9.3%
Q1 2025+7.2%+10.1%+13.8%
Q4 2024-7.0%-11.8%-16.4%
Q3 2024+13.5%+11.2%+15.1%
Q2 2024-4.1%-14.1%-13.4%
Q1 2024+15.0%+20.7%+27.9%
Q4 2023+23.5%+28.6%+34.7%
Q3 2023-2.0%-3.6%-4.4%
Q2 2023-3.7%-10.0%-16.5%
Q1 2023-3.2%-4.2%-6.1%
Q4 2022-4.3%-3.9%-2.3%
Q3 2022-4.3%-9.0%-3.5%
Q2 2022+4.0%+6.9%+10.9%
Q1 2022-3.2%-5.3%-4.6%
Q4 2021-5.8%+3.2%+8.0%
Q3 2021-0.4%-2.2%+0.2%
Q2 2021+0.4%+5.4%+3.9%
Q1 2021+2.9%+8.3%+12.4%
Q4 2020+0.9%+3.3%+6.5%
Q3 2020-5.3%-9.1%+18.0%
Q2 2020+3.3%-2.8%+10.9%
Q1 2020+10.5%-10.1%-1.2%
Q4 2019+0.0%-5.2%-12.8%
Q3 2019-1.3%+5.7%+2.2%
Q2 2019-10.9%-14.7%-23.4%
Q1 2019+0.4%+1.5%-0.2%
Q4 2018+14.7%+29.7%+40.3%
Q3 2018+15.5%+21.0%+3.5%
Q2 2018+8.2%+8.1%+23.0%
Q1 2018+17.9%+10.6%+28.7%
Q4 2017-2.6%-10.3%-2.9%
Q3 2017+5.1%+5.6%+16.1%
Q2 2017-0.6%-5.2%-4.1%
Q1 2017+4.8%+6.6%+12.3%
Q4 2016+3.6%+6.8%+2.9%
Q3 2016-0.5%+1.0%+17.1%
Q2 2016+2.3%-2.5%-0.4%
Q1 2016+2.6%
Q4 2015-3.2%
Q3 2015-3.8%
Q2 2015-1.2%
Q1 2015-2.8%
Q4 2014-2.8%
Q1 2014-1.7%
Q3 2013-6.5%
Q2 2013+2.9%
Q1 2013+2.9%
Q4 2013+3.1%
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010

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