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Elementis Reports Strong 2024 Financial Performance Exceeding Expectations
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Elementis Reports Strong 2024 Financial Performance Exceeding Expectations

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Invest with Confidence:

An update from Elementis ( (GB:ELM) ) is now available.

Elementis plc reported a robust financial performance for the year ending December 31, 2024, surpassing market expectations with significant revenue and profit growth in its Coatings and Personal Care divisions. The company achieved an adjusted operating profit range of $126-128 million, alongside a strong cash generation that reduced net debt to below $160 million, reflecting successful efficiency and growth programs initiated in late 2023.

More about Elementis

Elementis plc is a global specialty chemicals company primarily focused on producing coatings and personal care products. The company operates in sectors that emphasize innovation and efficiency, aiming to strengthen its market position through strategic growth initiatives.

YTD Price Performance: 1.10%

Average Trading Volume: 1,020,395

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £865.4M

For detailed information about ELM stock, go to TipRanks’ Stock Analysis page.

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