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luxfer-announces-q4-and-full-year-2018-results
luxfer-announces-q4-and-full-year-2018-results

Luxfer announces Q4 and full year 2018 results

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Luxfer Holdings PLC has announced financial results for its fourth quarter (Q4) and full year, which ended 31st December (2018).

For Q4 the company reported consolidated net sales of $110.9m, down 4.5% from $116.1m due to lower shipments of disaster-relief products related to reduce hurricane activity compared to year ago and an unfavourable foreign currency impact.

The company also saw a GAAP net loss of $8.5m, or $0.31 per share, compared to a net loss of $1m, or $0.04 per share, in the prior-year period.

Luxfer reported an adjusted net income of $11.2m, or $0.40 per diluted share, compared with $6.5m, or $0.24 per diluted share.

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