Volume growth, self-help drive revenue improvement for Elementis
6th Mar 2025 08:24
(Sharecast News) - Elementis reported a 3% rise in revenue in its preliminary results on Thursday, to $738m, supported by volume growth and self-help initiatives.
Read moreLondon close: Stocks higher after softer UK employment data
21st Jan 2025 16:41
(Sharecast News) - London stocks closed higher on Tuesday, as investors assessed the latest UK employment data, and watched for developments across the pond on the first full day of Donald Trump's second presidential term.
Read moreElementis FY profit seen ahead of market views after strong Q4
21st Jan 2025 07:30
(Sharecast News) - Elementis said on Tuesday that full-year operating profit was set to be ahead of market expectations following a strong fourth-quarter performance.
Read moreElementis CEO Waterman to step down
18th Nov 2024 07:18
(Sharecast News) - Elementis announced on Monday that its chief executive officer Paul Waterman would step down following nine years at the helm.
Read moreBerenberg lowers target price on Elementis
30th Oct 2024 12:06
(Sharecast News) - Analysts at Berenberg lowered their target price on specialty chemicals business Elementis from 190.0p to 170.0p on Wednesday after the group's Q3 results a day earlier.
Read moreLondon close: Stocks slip ahead of US tech earnings, UK Budget
29th Oct 2024 16:28
(Sharecast News) - London stocks closed in the red on Tuesday, amid mixed corporate earnings and investor caution ahead of big US tech results and the UK's Budget announcement.
Read moreElementis delivers 'improved performance' in Q3
29th Oct 2024 08:02
(Sharecast News) - Speciality chemicals business Elementis said on Tuesday that it had delivered an "improved performance" in Q3, with revenue up 2% year-on-year.
Read moreDirector dealings: Oryx International, Elementis disclose director purchases
17th Sep 2024 13:37
(Sharecast News) - Directors and their associates at Oryx International Growth Fund and Elementis have increased their personal investments in their respective companies, according to disclosures released on Tuesday in London.
Read moreLondon close: Stocks slide as Bank of England trims rates
1st Aug 2024 16:09
(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, as investors digested the Bank of England's decision to cut interest rates for the first time in four years.
Read moreElementis lifts FY outlook after 'strong' first half
1st Aug 2024 09:54
(Sharecast News) - Elementis lifted its full-year outlook on Thursday as it hailed a "strong" first-half delivery and announced a strategic review of its talc business.
Read moreElementis shareholder Gatemore calls for strategic review
25th Jun 2024 09:56
(Sharecast News) - Elementis shareholder Gatemore Capital Management said on Tuesday that if the company does not launch a strategic review, accelerate its cost-savings programme and replace its chief executive, it may seek to oust the chairman.
Read moreElementis confident in profit targets after solid Q1
30th Apr 2024 08:24
(Sharecast News) - Specialty chemicals company Elementis said it has made a good start to the year despite the absence of a "positive step change" in demand, as it reiterated its confidence in hitting market forecasts in 2024.
Read moreGatemore Capital calls on Elementis to replace CEO
29th Apr 2024 07:32
(Sharecast News) - Activist investor Gatemore Capital Management said on Monday that Elementis was an attractive company that has "lost its direction" as it called for the chief executive to be replaced.
Read moreHSBC 'impressed' by quality of Elementis portfolio
20th Mar 2024 09:04
(Sharecast News) - HSBC upgraded Elementis to 'buy' on Wednesday and lifted the price target to 170p from 150p as it said it was impressed by the company's portfolio quality and management execution "amid a challenging macro and weak end markets".
Read moreElementis FY operating profits grow, revenues slip
7th Mar 2024 09:03
(Sharecast News) - Chemicals company Elementis revealed on Thursday that adjusted operating profits had ticked up in 2023 despite seeing a modest dip in revenues for the year.
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