LUXFER HOLDINGS PLC SEC 10-Q Report

Luxfer Holdings PLC, a global materials technology company specializing in the design and manufacture of high-performance materials, has released its Form 10-Q report for the third quarter of 2025. The report provides a comprehensive overview of the company's financial and operational performance, highlighting key metrics and strategic initiatives aimed at driving long-term growth.

Financial Highlights

• Net Sales: $92.9 million, a decrease of 6.5% compared to the third quarter of 2024, primarily due to reduced sales in certain segments, partially offset by gains in aerospace cylinders.
• Gross Profit: $21.7 million, representing 23.4% of net sales, an increase of 0.9 percentage points from the previous year, driven by a positive sales mix and pricing discipline.
• Operating Income: $5.4 million, a decrease of 69.0% from the third quarter of 2024, impacted by restructuring charges and disposal-related costs.
• Net Income: $2.7 million, a significant decrease from $12.7 million in the third quarter of 2024, primarily due to the absence of gains on asset disposals and increased restructuring charges.
• Diluted EPS: $0.10, down from $0.47 in the third quarter of 2024, reflecting lower net income and the impact of restructuring and disposal costs.

Business Highlights

• Revenue Segments: The Gas Cylinders segment saw a 0.7% increase in sales in the third quarter of 2025, driven by higher sales of SCBA cylinders and aerospace cylinders for commercial aircraft. However, there was a 4.9% decrease in sales for the first nine months of 2025 due to continued softness in demand for Alternative Fuel cylinders in North America and Europe.
• Revenue Segments: The Elektron segment experienced a 2.5% increase in sales in the third quarter of 2025, attributed to significant increases in sales of Meals Ready to Eat (MREs) and Unitized Group Rations (UGR-E), as well as a recovery in sales of magnesium aerospace alloys. For the first nine months, sales increased by 16.3%, also benefiting from improved demand for oil and gas alloys.
• Geographical Performance: The United States remains the largest market, accounting for 68.3% of net sales in the third quarter of 2025, up from 58.1% in the same period of 2024. This growth is attributed to strong sales in defense and aerospace sectors.
• Geographical Performance: Sales in Germany remained stable, contributing 6.2% to net sales in the third quarter of 2025, consistent with the previous year. The region continues to be a significant market for the company's products.
• Sales Units: There was a notable increase in the sales of SCBA cylinders and aerospace cylinders, which contributed to the growth in the Gas Cylinders segment during the third quarter of 2025.
• New Product Launches: The company focused on launching new products to stimulate top-line growth, particularly in the defense and aerospace sectors, although specific product details were not disclosed.
• Future Outlook: The company plans to address continuing macroeconomic uncertainties by building resilience into its operations. It aims to focus on cost control, productivity improvements, and strategic capital investments to support long-term growth.
• Future Outlook: Luxfer is committed to maintaining strong working capital performance and operating cash generation, with an emphasis on recruiting and developing talent to drive a high-performance culture.

SEC Filing: LUXFER HOLDINGS PLC [ LXFR ] - 10-Q - Oct. 28, 2025