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Dec 31, 2020
Luxfer Q4 2020 Earnings Report
Luxfer's fourth quarter results were announced, showing a slight decrease in net sales but an increase in GAAP net income and adjusted EPS.
Key Takeaways
Luxfer Holdings PLC reported a slight decrease in net sales for Q4 2020, but experienced growth in GAAP net income and adjusted EPS. The company also announced its intent to divest non-strategic aluminum product lines.
Net sales decreased 0.2% to $82.1 million, including a 1.2% benefit from currency.
GAAP net income increased to $6.6 million from $1.6 million.
GAAP EPS increased to $0.24 from $0.06.
Adjusted EBITDA increased 21.1% to $13.8 million; adjusted EBITDA margin increased 290 basis points to 16.8%.
Forward Guidance
Luxfer expects Adjusted EPS to be in the range of $1.05 - $1.25 for 2021.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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