Elementis plc (ELM) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

All right, good morning, everyone, and welcome to the Elementus 2025 results presentation, and thank you for joining us. Great to see you. In terms of agenda, I'll begin with our highlights for the year, and Cath, our new CFO, will then run you through our financial performance. Then I'll take you through our strategic progress over the past year, and finally, to our outlook for 2026. And we'll then open for questions. It's been quite the year. Looking back 10 months into the job, I'm really proud of everything we've achieved together. We delivered strong profit growth and margin expansion despite soft demand environment. And that's clear proof of the quality and resilience of our business. From a strategic perspective, the sale of the Talc business and launching our Elevate Elementis strategy were more than milestones. They set the foundation for what this company can achieve when we focus and move forward as one team. And we're making solid progress across all of our strategic priorities, such as innovation sales up to a record of 16.4% and zero lost time accidents. So lots of positive momentum. You might remember a version of this slide from our last half-year result presentations. Our portfolio has fundamentally transformed over the past years. We've reshaped Elementis into a pure-play specialty chemicals business, focused on our two segments, personal care and coatings. Selling talc was a major step forward. in making this happen, and it was my first priority when I started as CEO. And with Chromium sold in 2023, we exited these commoditized, capital-intensive businesses, and it was absolutely the right decision. It allows us to focus on our core strengths and capabilities. As you all have seen this morning, I'm pleased to share that we've agreed to sell our pha...