Luxfer Announces Third Quarter 2023 Financial Results; Initiates Strategic Review
Luxfer Holdings PLC (NYSE: LXFR) (“Luxfer” or the “Company”), a global industrial company innovating niche applications in materials engineering, today announced financial results for the third quarter 2023, ended October 1, 2023.
- Luxfer Holdings PLC (NYSE: LXFR) (“Luxfer” or the “Company”), a global industrial company innovating niche applications in materials engineering, today announced financial results for the third quarter 2023, ended October 1, 2023.
- Based on performance in the first nine months of 2023 as well as the current outlook for customers and end markets, Luxfer expects fourth quarter 2023 adjusted earnings per share of $0.00 to $0.05.
- Given the strategic review process underway, the Company is withdrawing its previously communicated goal of $2.00 adjusted EPS in 2025.
- Luxfer management will host a conference call at 8:30 a.m. U.S. Eastern Daylight Time (EDT) on Thursday, October 26, 2023, to review the Company’s quarterly results.