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Stock impact report

Luxfer Holdings PLC Announces 2020 First Quarter Financial Results; Provides COVID-19 Update and Withdraws 2020 Financial Guidance

Luxfer Holdings PLC Ordinary Shares (LXFR) 
Last luxfer holdings plc ordinary shares earnings: 4/27 04:30 pm Check Earnings Report
US:NYSE Investor Relations: luxfer.com/investors
Company Research Source: Business Wire
First Quarter 2020 Summary(based on year-over-year comparisons unless otherwise noted)Net sales of $103.8 million decreased 13.8%, including a 1.1% unfavorable impact from currency and a 3.7% decrease due to the divestiture of the Czech recycling operationsGAAP net income of $6.2 million, including $2.8 million in restructuring and exceptional expenses, improved from a net loss of ($3.8) million; adjusted net income of $8.4 million decreased 25.0%GAAP EPS of $0.22, improved from ($0.14); adjusted EPS of $0.30 decreased 25%Adjusted EBITDA of $15.1 million decreased 18.4%; adjusted EBITDA margin of 14.5% decreased 90 basis pointsWithdrawing 2020 financial guidance given uncertainty related to COVID-19Strong balance sheet with ample liquidity; Q1 ending net Debt to EBITDA ratio of 1.4; no debt maturity until September 2021 MANCHESTER, UK--(BUSINESS WIRE)--Luxfer Holdings PLC (NYSE: LXFR), a global manufacturer of highly-engineered industrial materials, today announced financial result Show less Read more
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