Elementis suspends divi to save cash in response to coronavirus

19th Mar 2020 08:02

(Sharecast News) - Specialist chemical company Elementis said it was suspending its final dividend to conserve cash in response to threats to demand from the coronavirus.

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Elementis profits fall on weak demand; cautious on coronavirus

4th Mar 2020 08:23

(Sharecast News) - Chemicals group Elementis said full-year adjusted operating profits fell due to weaker demand in "challenging" conditions as it warned of a cautious outlook due to the coronavirus.

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Wednesday broker round-up

29th Jan 2020 13:33

(Sharecast News) - TUI: HSBC upgrades to buy with a target price of 1,040p.

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Berenberg ups target for Elementis in anticipation of higher talc prices

29th Jan 2020 11:05

(Sharecast News) - Analysts at Berenberg raised their target price on chemicals firm Elementis from 180p to 200p on Wednesday, stating that supply and demand in the speciality talc market was likely to improve over the next few years.

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Wednesday broker round-up

15th Jan 2020 13:00

(Sharecast News) - Ashmore: Peel Hunt downgrades to add with a target price of 600p.

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Elementis lowers profit forecast after 'subdued' fourth quarter

14th Jan 2020 07:27

(Sharecast News) - Specialty chemicals company Elementis updated the market on its trading on Tuesday, reporting that the final quarter of the year had been "somewhat subdued", and as a result, adjusted operating profit for 2019 was now expected to be between $122m and $124m (£94.04m and £95.58m).

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Wednesday broker round-up

8th Jan 2020 13:12

(Sharecast News) - Elementis: Jefferies downgrades to hold with a target price of 190p.

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Elementis targeting further cost cuts, sees 'strong' medium-term returns

19th Nov 2019 10:36

(Sharecast News) - Elementis announced plans on Tuesday to deliver a further $15m of cost savings by 2022, as it said it expects to deliver "strong, sustainable" returns over the medium term.

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FTSE 250 movers: TP ICAP surges, Dixons drops

1st Nov 2019 13:47

(Sharecast News) - London's second-tier was 0.30% higher at 20,081.72 in afternoon trade on Friday, with TP ICAP leading the index upward.

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Elementis maintains expectations amid broader slowdown

31st Oct 2019 10:13

(Sharecast News) - Specialty chemicals company Elementis updated the market on its trading for the three months ended 30 September on Thursday, reporting that while the slowdown in broader macroeconomic conditions had continued, its self-help actions were expected to result in an improved second half performance, broadly in line with expectations.

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FTSE 250 movers: Elementis climbs, Cairn slides

28th Oct 2019 14:38

(Sharecast News) - London's FTSE 250 was 0.21% higher at 20,145.09 in afternoon trade on Monday, with Elementis leading the index upward.

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Elementis says markets remain 'challenging', Coatings in particular

30th Apr 2019 07:47

(Sharecast News) - Specialty chemicals company Elementis said on Tuesday that it expects further progress this year, albeit slightly below expectations, as global market conditions remain "challenging", particularly in the coatings business.

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FTSE 250 movers: SIG gets broker boost, Avast stumbles

13th Mar 2019 15:10

(Sharecast News) - London's FTSE 250 was up 0.10% at 19,162.58 in afternoon trade on Wednesday, as a barrage of broker action sent the index higher.

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Elementis looks to cut debt following Mondo deal; full-year revenues jump

5th Mar 2019 10:41

(Sharecast News) - Speciality chemicals firm Elementis posted a jump in annual revenues on Tuesday, but conceded that market conditions remained challenging.

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FTSE 250 movers: Vivo Energy surges, Kier falls down

19th Dec 2018 15:13

(Sharecast News) - London's FTSE 250 was up 0.88% at 17,648.252 in afternoon trade on Wednesday, as Vivo Energy advanced on the back of a strong performance from one of its parent companies.

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