Luxfer Holdings Plc · NYSE:LXFR
Luxfer — Q2 2025 Earnings Presentation
27 slides from Luxfer's earnings presentation, Jul 30, 2025
Slide 1: Second Quarter 2025
Second Quarter 2025 July 30, 2025
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation contains certain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. Examples of such forward-looking statements include but are not l
Slide 3: Q2 2025 Key Highlights & Metrics
Q2 2025 KEY HIGHLIGHTS & METRICS Q2 2025 FINANCIALS* Strong EPS Growth: Adjusted EPS increased to $0.30, up 30% sequentially, reflecting disciplined cost control and strong mix improvement. $0.30 Elektron Momentum: Segmental growth fueled by sustained $97.1M 1 Adjusted defense demand across MREs, UG
Slide 4: Q2 Consolidated Results
Q2 CONSOLIDATED RESULTS (amounts in millions, Q2 VS. Q2 SALES ($M) except EPS) 2025 2024 $2.2 $1.1 Sales $97.1 +5.8% $2.0 $97.1 $91.8 Adj. EBITDA $14.0 +14.8% Adj. EBITDA Margin 14.4% 110bps Q2 2024 FX Price Volume/Mix Q2 2025 • Volume/Mix: Growth driven by continued strength in Defense, Adj. EPS $0
Slide 5: Elektron Q2 2025 Financial Results
ELEKTRON Q2 2025 FINANCIAL RESULTS SALES ($M) Adj. EBITDA Q 2 2 0 2 5 S E G M E N T (SALES BY SEGMENT ($M)) Q2’25 Results $9.1 $50.1 Defense, First Response, $7.3 43% $42.0 Healthcare $13.4 17.4% 18.2% $25.5 Transportation 1% Margin Margin $11.2 Specialty Industrial 3% Q2 2024 Q2 2025 Q2 2024 Q2 202
Slide 6: Gas Cylinders Q2 2025 Financial Results
GAS CYLINDERS Q2 2025 FINANCIAL RESULTS SALES ($M) Adj. EBITDA Q 2 2 0 2 5 S E G M E N T (SALES BY SEGMENT ($M)) Q2’25 $49.8 Results $47.0 $4.9 $4.9 Defense, First Response, Healthcare -15% $8.3 9.8% 10.4% $20.9 4% Transportation 1 3Margin .5% Margin Margin $17.8 Specialty Industrial 4% Q2 2024 Q2 2
Slide 7: 2025 Guidance
2025 GUIDANCE Sales Revenue Adjusted EPS Adjusted EBITDA Free Cash Flow + LSD $0.97 to $1.05 $49M to $52M $20M to $25M PRIMARY DRIVERS: • Strong First-Half Execution: Solid start to the year and robust backlog KEY ASSUMPTIONS: provide visibility and confidence in full-year delivery. • Interest Expen
Slide 8: Key Highlights and Achievements
KEY HIGHLIGHTS AND ACHIEVEMENTS Strong EPS Growth Graphic Arts Momentum in Core Operational Pivot to High- & Margin Divestiture Markets: Optimization Value Markets: Performance: Completed: Ongoing: Elektron growth led Transitioned Adjusted EPS rose Exited Graphic by MREs, UGR-Es, and Initiated Pomon
Slide 9: Q&A
Q&A SECOND QUARTER 2025 EARNINGS PRESENTATION CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 9
Slide 10: Why Invest in Luxfer
Why Invest in Luxfer Market Leadership in Specialized High Operational Strategic Attractive End Value Product Efficiency & Cost Strong Financial Optionality for Compelling Markets Portfolio Leadership Foundation Value Creation Investment Leading position in Innovative Further footprint Proven sustai
Slide 11: Appendices
APPENDICES Segment Financial Detail and Reconciliation of Non-GAAP Measures CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 11
Slide 12: Q2 2025: Consolidated Results
Q2 2025: CONSOLIDATED RESULTS Sales ($M) Adj. EBITDA ($M) +5.8% +14.8% $1.1 $0.2 $2.0 $1.9 $2.0 $2.2 $0.3 $2.2 $91.8 $97.1 $14.0 $12.2 Q2 2024 FX Price Volume/Mix Q2 2025 Q2 2024 FX Price Inflation Volume/Mix Other Q2 2025 *Note: Adjusted financials exclude Graphic Arts & 2024 Legal Fee Recoveries C
Slide 13: Q2 2025: Elektron Segment Results
Q2 2025: ELEKTRON SEGMENT RESULTS Sales ($M) Adj. EBITDA ($M) +19.3% +24.7% $2.5 $1.0 $0.3 $7.4 $4.4 $50.1 $0.5 $0.7 $0.3 $9.1 $42.0 $7.3 Q2 2024 FX Price Volume/Mix Q2 2025 Q2 2024 FX Price Net Deflation Volume/Mix Other Q2 2025 *Note: Adjusted financials exclude 2024 Legal Fee Recoveries CUSTOMER
Slide 14: Q2 2025: Gas Cylinders Segment Results
Q2 2025: GAS CYLINDERS SEGMENT RESULTS Sales ($M) Adj. EBITDA ($M) -5.6% -% $0.9 $2.5 $1.0 $6.3 $2.5 $0.2 $2.4 $0.6 $49.8 $47.0 $4.9 $4.9 Q2 2024 FX Price Volume/Mix Q2 2025 Q2 2024 FX Price Inflation Volume/Mix Cost Red/Other Q2 2025 CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSON
Slide 15: Q2 2025 YTD: Consolidated Results
Q2 2025 YTD: CONSOLIDATED RESULTS Sales ($M) Adj. EBITDA ($M) +7.3% +12.4% $1.7 $8.3 $0.4 $5.7 $5.6 $2.7 $0.4 $2.7 $174.9 $187.6 $25.3 $22.5 Q2 YTD 2024 FX Price Volume/Mix Q2 YTD 2025 Q2 YTD 2024 FX Price Inflation Volume/Mix Other Q2 YTD 2025 *Note: Adjusted financials exclude Graphic Arts & 2024
Slide 16: Q2 2025 YTD: Elektron Segment Results
Q2 2025 YTD: ELEKTRON SEGMENT RESULTS Sales ($M) Adj. EBITDA ($M) +24.8% +31.9% $6.2 $1.0 $20.4 $0.7 $10.9 $1.6 $1.6 $1.9 $99.5 $17.8 $79.7 $13.5 Q2 YTD 2024 FX Price Volume/Mix Q2 YTD 2025 Q2 YTD 2024 FX Price Net Deflation Volume/Mix Other Q2 YTD 2025 *Note: Adjusted financials exclude 2024 Legal
Slide 17: Q2 2025 YTD: Gas Cylinders Segment Results
Q2 2025 YTD: GAS CYLINDERS SEGMENT RESULTS Sales ($M) Adj. EBITDA ($M) -7.5% -16.7% $1.5 $4.3 $0.7 $4.3 $12.1 $0.3 $5.2 $0.6 $95.2 $88.1 $9.0 $7.5 Q2 YTD 2024 FX Price Volume/Mix Q2 YTD 2025 Q2 YTD 2024 FX Price Inflation Volume/Mix Cost Red/Other Q2 YTD 2025 CUSTOMER FIRST • INTEGRITY • ACCOUNTABIL
Slide 18: Condensed Consolidated Statements of Income
CONDENSED CONSOLIDATED STATEMENTS OF INCOME CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 18
Slide 19: Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 19
Slide 20: Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 20
Slide 21: Reconciliation: Adjusted Net Income and Adjusted EPS
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER SHARE CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 21
Slide 22: Reconciliation: Adjusted Net Income and Adjusted EPS YTD
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER SHARE YTD CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 22
Slide 23: Reconciliation: Adjusted EBITDA
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: ADJUSTED EBITDA CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 23
Slide 24: Reconciliation: Net Sales and Adjusted EBITDA by Segment
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: NET SALES AND ADJUSTED EBITDA BY SEGMENT CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 24
Slide 25: Reconciliation: Adjusted Effective Tax Rate
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: ADJUSTED EFFECTIVE TAX RATE CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 25
Slide 26: Reconciliation: Net Debt Ratio and Free Cash Flow
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: NET DEBT RATIO AND FREE CASH FLOW NET DEBT RATIO (UNAUDITED) FREE CASH FLOW (UNAUDITED) CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 26
Slide 27: CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK
CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 27