21st Jan 2026 10:38
(Alliance News) - Elementis PLC on Wednesday said it expects to report annual profit slightly ahead of consensus, with the specialty chemicals company, boosted by self-help measures.
Elementis expects adjusted operating profit in 2025 "to be marginally ahead" of consensus of USD125 million. It expects revenue in line with the market view of USD600 million.
Revenue in 2024 amounted to USD738.3 million, with adjusted operating profit at USD128.8 million. Elementis expects an adjusted operating margin, on a continuing basis, ahead of the 17.4% achieved in 2024.
Elementis said it was a "resilient performance in challenging markets".
"The improved margin performance has been driven by the benefits of our Elevate Elementis strategy and the positive changes being implemented across the group, as we look to build on our strong foundations. These include: the simplification of our operational structure to enhance efficiency and agility, the bolt-on acquisition of UK based Alchemy Ingredients Ltd in November 2025, as well as the ongoing delivery of our previously announced cost savings targets," the company said.
"The group continues to generate positive free cash flow that gives us balance sheet strength and future capital allocation optionality."
The company back in October said Chair John O'Higgins does not intend to seek re-election at the company's annual general meeting in April. Elementis said Wednesday that its "chair succession process continues to progress".
The company releases annual results on March 5.
Shares advanced 2.9% to 170.00 pence each in London on Wednesday morning.
By Eric Cunha, Alliance News news editor
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