Elementis FY revenues and adjusted pre-tax profits slump in 2020
23rd Mar 2021 08:49
(Sharecast News) - Diversified chemicals group Elementis said on Tuesday that despite demand recovering in the second half of the year, revenues and adjusted pre-tax profits were both expected to have recorded double-digit declines in 2020.
Read moreTuesday preview: UK employment, Elementis in the spotlight
22nd Mar 2021 15:54
(Sharecast News) - The market spotlight on Tuesday will be on the UK jobs market.
Read moreElementis shares slide as Minerals Technologies walks away
10th Dec 2020 08:41
(Sharecast News) - Speciality chemicals company Elementis slumped on Thursday after US-based Minerals Technologies said it will not proceed with a proposed bid for the group, after its third offer was rejected.
Read moreElementis rejects third offer from US rival Minerals Technologies
7th Dec 2020 07:55
(Sharecast News) - Chemicals company Elementis said on Monday that it has rejected a third takeover offer from US rival Minerals Technologies of 130p a share, arguing that it significantly undervalues the business.
Read moreBerenberg raises target price on Elementis
26th Nov 2020 09:39
(Sharecast News) - Analysts at Berenberg raised their target price on diversified chemicals group Elementis from 100.0p to 145.0p on Thursday, stating that independence was the "surest path to value".
Read moreElementis rejects second takeover approach from Minerals Technologies
25th Nov 2020 09:11
(Sharecast News) - Speciality chemicals company Elementis has rejected a second, sweetened possible takeover offer from US-based Minerals Technologies.
Read moreElementis shutters production plant in West Virginia
25th Nov 2020 08:57
(Sharecast News) - Specialty chemicals group Elementis said on Wednesday that it had chosen to close its production plant in Charleston, West Virginia.
Read moreElementis shuts Charleston plant in North American overhaul
23rd Nov 2020 10:53
(Sharecast News) - Elementis has closed its production plant in Charleston, West Virginia, as part of a plan to improve efficiency at its North American manufacturing operations.
Read moreElementis shares rise after takeover approach report
12th Nov 2020 08:13
(Sharecast News) - Elementis shares jumped after the chemicals company was reported to have received a takeover approach from a US private equity firm in 2020.
Read moreFriday broker round-up
30th Oct 2020 13:40
(Sharecast News) - Royal Dutch Shell: Barclays upgrades to equal weight.
Read moreElementis sees trading improve in Q2, Covid-19 continues to impact volumes
28th Oct 2020 08:52
(Sharecast News) - Specialty chemicals firm Elementis said on Wednesday that while trading improved in the second quarter, the Covid-19 pandemic had continued to impact volumes.
Read moreElementis says net debt to reduce 'significantly'
7th Sep 2020 10:07
(Sharecast News) - Specialty chemicals company Elementis said on Monday that the relaxation of its banking covenants has been extended and that it is on course to deliver a significant net debt reduction.
Read moreThursday broker round-up
30th Apr 2020 13:16
(Sharecast News) - Mitchells & Butlers: JP Morgan upgrades to overweight with a target price of 340p.
Read moreElementis cautious given 'highly uncertain' outlook
29th Apr 2020 08:12
(Sharecast News) - Chemicals business Elementis said on Wednesday that first-quarter trading had been in line with expectations, with year-on-year operating profit growth, but warned that it was cautious of a 'highly uncertain' global economic outlook.
Read moreThursday broker round-up
19th Mar 2020 11:33
(Sharecast News) - Barratt Developments: Jefferies upgrades to buy with a target price of 729p.
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