Luxfer Holdings Plc · NYSE:LXFR
Luxfer — Q1 2026 Earnings Presentation
24 slides from Luxfer's earnings presentation, Apr 29, 2026
Slide 1: Luxfer Earnings Q1 2026
LUXFER Earnings Q1 2026 CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 1
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: Q1 2026 Key Highlights & Metrics
Q1 2026 KEY HIGHLIGHTS & METRICS Adjusted Sales Adj. Gross Margin Adj. EBITDA $83.9M 26.1% $12.3M Adjusted EPS Free Cash Flow Adj. EBITDA Margin $0.27 ($6.1M) 14.7% • Earnings growth: • Raised 2026 full year earnings guidance: Adjusted EPS of $0.27, up 17% year over year, ahead Strong Q1 profitabili
Slide 4: Q1 2026 Financial Overview
Q1 2026 FINANCIAL OVERVIEW ($M) Q1 2026 Q1 2025 YoY $ Change % Change Adjusted Sales $83.9 $90.5 (6.6) (7.3%) Adjusted EBITDA 12.3 11.3 1.0 8.8% Adj. EBITDA Margin 14.7% 12.5% 220bps n/a Adjusted EPS $0.27 $0.23 $0.04 17.4% Cash from Operations (4.1) 5.1 (9.2) (180.4%) Net Debt 42.9 41.9 1.0 2.4% *N
Slide 5: Q1 2026 Financial Results - Elektron
Q1 2026 FINANCIAL RESULTS - ELEKTRON ($M) Q1 2026 Q1 2025 YoY $ Change % Change Sales $42.1 $49.4 (7.3) (14.8%) Gross Profit 14.7 14.7 - flat Gross Margin 34.9% 29.8% 510bps n/a Adj. EBITDA 8.5 8.7 (0.2) (2.3%) Adj. EBITDA Margin 20.2% 17.6% 260bps n/a Adjusted EBITDA Q1 Sales by Segment $0.1 Defens
Slide 6: Q1 2026 Financial Results - Gas Cylinders
Q1 2026 FINANCIAL RESULTS - GAS CYLINDERS ($M) Q1 2026 Q1 2025 YoY $ Change % Change Sales $41.8 $41.1 0.7 1.7% Gross Profit 7.2 5.6 1.6 28.6% Gross Margin 17.2% 13.6% 360bps n/a Adj. EBITDA 3.8 2.6 1.2 46.2% Adj. EBITDA Margin 9.1% 6.3% 280bps n/a Adjusted EBITDA Q1 Sales by Segment Defense, First
Slide 7: Q1 2026 – Guidance Updated
Q1 2026 – GUIDANCE UPDATED Guidance Overview and Drivers: 2026 GUIDANCE COMPARISON • Raising Full Year Earnings Guidance: Strong start to 2026 with improving demand trends and visibility providing solid support UPDATED PRIOR METRICS GUIDANCE GUIDANCE • End Market Strength: Continued momentum in aero
Slide 8: Path to 2027 Earnings Growth
PATH TO 2027 EARNINGS GROWTH Clear drivers supporting a step-up in earnings performance from 2026 baseline 2026 Aerospace International High- SCBA Space 2027 & Defense Defense Performance BASELINE Automotive EARNINGS POWER $1.17 Robust Double- Adj. EPS Digit YoY Earnings Strong Margins Growth with P
Slide 9: Q1 2026 – Key Highlights and Achievements
Q1 2026 – KEY HIGHLIGHTS AND ACHIEVEMENTS Strong execution, improving trajectory and clear visibility into 2027 growth S T R O N G S TA R T T O 2 0 2 6 RAISED EARNINGS GUIDANCE Solid earnings growth and strong Improving business visibility supported margin performance driven by by operational enhanc
Slide 10: Q&A
Q&A FIRST QUARTER 2026 EARNINGS PRESENTATION CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 10
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Slide 12: Appendices
APPENDICES Segment Financial Detail and Reconciliation of Non-GAAP Measures CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 12
Slide 13: Q1 2026: Consolidated Results
Q1 2026: CONSOLIDATED RESULTS Sales ($M) Adj. EBITDA ($M) -7.3% 8.8% $1.2 $2.3 $10.1 $1.2 $0.1 $2.3 $90.5 $83.9 $4.8 $4.8 $12.3 $11.3 Q1 2025 FX Price Volume/Mix Q1 2026 Q1 2025 FX Price Inflation Volume/Mix Cost Red/Other Q1 2026 *Note: Adjusted financials exclude Graphic Arts CUSTOMER FIRST • INTE
Slide 14: Q1 2026: Elektron Segment Results
Q1 2026: ELEKTRON SEGMENT RESULTS Sales ($M) Adj. EBITDA ($M) -14.8% -2.3% $1.4 $0.5 $1.4 $1.1 $0.1 $9.2 $49.4 $42.1 $8.7 $4.0 $3.6 $8.5 Q1 2025 FX Price Volume/Mix Q1 2026 Q1 2025 FX Price Inflation Volume/Mix Cost Red/Other Q1 2026 CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONA
Slide 15: Q1 2026: Gas Cylinders Segment Results
Q1 2026: GAS CYLINDERS SEGMENT RESULTS Sales ($M) Adj. EBITDA ($M) 1.7% 46.2% $0.7 $0.9 $0.9 $0.1 $41.8 $0.9 $0.8 $1.2 $41.1 $3.8 $2.6 Q1 2025 FX Price Volume/Mix Q1 2026 Q1 2025 Price Inflation Volume/Mix Cost Red/Other Q1 2026 CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEV
Slide 16: Condensed Consolidated Statements of Income
CONDENSED CONSOLIDATED STATEMENTS OF INCOME CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 16
Slide 17: Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 17
Slide 18: Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 18
Slide 19: Reconciliation of Non-GAAP: 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 19
Slide 20: Reconciliation of Non-GAAP: Adjusted EBITDA
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: ADJUSTED EBITDA CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 20
Slide 21: Reconciliation of Non-GAAP: 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 21
Slide 22: Reconciliation of Non-GAAP: Adjusted Effective Tax Rate
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES: ADJUSTED EFFECTIVE TAX RATE CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 22
Slide 23: Reconciliation of Non-GAAP: 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 23
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