Luxfer Holdings plc (LXFR) Tops Q4 EPS by 5c, Revenues Miss; Offers FY21 EPS Mid-Point Guidance Below Consensus

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Go back to Luxfer Holdings plc (LXFR) Tops Q4 EPS by 5c, Revenues Miss; Offers FY21 EPS Mid-Point Guidance Below Consensus

Luxfer Holdings PLC Announces Fourth Quarter and Full Year 2020 Financial Results; Announces Strategic Decision to Divest Most Aluminum Product Lines, Including Superform

February 23, 2021 5:00 PM EST

Fourth Quarter 2020 Summary (all comparisons year-over-year unless otherwise noted; results exclude aluminum products discontinued operations)

Net sales of $82.1 million decreased 0.2%, including a 1.2% benefit from currency GAAP net income of $6.6 million, including $1.5 million in restructuring and other expenses, increased from $1.6 million in the prior year; adjusted net income of $7.7 million increased 35% GAAP EPS of $0.24 increased from $0.06; adjusted EPS of $0.27 increased 35% Adjusted EBITDA of $13.8 million increased 21.1%; adjusted EBITDA margin of 16.8% increased 290 basis points

Full Year 2020 Summary (all comparisons year-over-year unless otherwise noted; results exclude aluminum products discontinued... More