Less Ads, More Data, More Tools Register for FREE

Pin to quick picksElementis Share News (ELM)

Share Price Information for Elementis (ELM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 150.20
Bid: 152.20
Ask: 152.60
Change: -2.60 (-1.70%)
Spread: 0.40 (0.263%)
Open: 152.60
High: 157.20
Low: 150.20
Prev. Close: 152.80
ELM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: Elementis gets demand boost but wary of supply challenges

Thu, 29th Jul 2021 14:47

Elementis PLC - London-based speciality chemicals - Improves to pretax profit in six months to June 30 of GBP34.5 million versus GBP53.4 million loss a year before. Revenue rises to GBP452.1 million from GBP386.5 million. Administrative expenses drops to GBP49.3 million from GBP111.5 million.

Chief Executive Paul Waterman says: "We have made a strong start to the year benefiting from the combination of focused strategy execution and improved industrial demand. While the significant demand recovery has triggered ongoing supply chain challenges and accelerating cost inflation across the globe, we are well positioned to manage these impacts. Overall, the group has encouraging trading momentum and is on track to deliver an improved financial performance and a reduction in leverage, in line with expectations."

"We are well positioned for material performance improvement that will support the delivery of our medium term financial ambitions," he adds.

Current stock price: 142.00 pence, down 3.7% on Thursday afternoon

Year-to-date change: up 24%

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
20 Sep 2023 16:57

LONDON MARKET CLOSE: Stocks up ahead of BoE and Fed decisions

(Alliance News) - Stock prices in London closed higher on Wednesday, as investors end the day on a more positive note with a lower UK inflation reading, as well as an expected pause from the US Federal Reserve.

Read more
20 Sep 2023 15:06

Elementis shares surge as Franklin sale demand rebuffed

(Sharecast News) - Shares in UK chemicals group Elementis on Wednesday surged as the company rejected a demand by major shareholder Franklin Mutual Advisers to sell the company.

Read more
20 Sep 2023 14:21

Elementis refuses Franklin Templeton's request for immediate sale

(Alliance News) - Elementis PLC on Wednesday responded publicly to an open letter from Franklin Templeton, saying that it disagrees with the shareholder's request to sell off its "attractive assets".

Read more
12 Sep 2023 19:41

IN BRIEF: Elementis confirms Trudy Schoolenberg's Accsys appointment

Elementis PLC - London-based speciality chemicals company - Confirms that one of its senior independent directors, Trudy Schoolenberg, will become the interim chair at Accsys Technologies PLC. Schoolenberg is also a senior independent director at Accsys.

Read more
27 Jul 2023 11:39

Elementis bemoans weak demand but still positive as interim profit up

(Alliance News) - Elementis PLC on Thursday remained confident in its prospects for the year as a whole, after seeing pretax profit rise but revenue decline on a weak demand environment.

Read more
27 Jul 2023 10:17

Elementis trading in line amid subdued market

(Sharecast News) - Specialty chemicals company Elementis described a resilient performance during the first half of the year on Thursday, with results aligning with market expectations despite facing some challenges in the demand environment.

Read more
7 Jul 2023 17:26

FTSE 100 posts worst week in nearly four months on rate hike jitters

Bottler Coca Cola HBC gains after lifting profit outlook

*

Read more
7 Jul 2023 09:57

JPMorgan upgrades Elementis to 'overweight'

(Sharecast News) - JPMorgan Cazenove upgraded Elementis on Friday to 'overweight' from 'neutral', keeping the price target at 144p, as it pointed to a relatively better earnings outlook supported by self-help actions.

Read more
7 Jul 2023 09:31

LONDON BROKER RATINGS: HSBC raises ConvaTec; Berenberg cuts BHP

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
7 Jul 2023 07:43

LONDON BRIEFING: Coca-Cola HBC raises guidance; House prices fall

(Alliance News) - Stock prices in London are expected to open flat on Friday, as investors look ahead to a US jobs print at the end of a rather bruising week for global equities.

Read more
31 May 2023 07:02

IN BRIEF: Norcros names Steve Good as chair designate to start in July

Norcros PLC - Wilmslow, England-based bathroom and kitchen product supplier - On Tuesday appoints Steve Good as a non-executive director and chair designate, both with effect from July 1. He will assume the role of chair upon the retirement of David McKeith. Good is currently a non-executive director of London-based speciality chemicals company Elementis PLC. Prior to that, he was recently the non-executive chair of cellular material technology producer Zotefoams PLC and sausage casing manufacturer Devro PLC.

Read more
26 Apr 2023 10:40

Elementis confident of outlook on "resilient" first quarter

(Alliance News) - Elementis PLC on Wednesday said that its first quarter performance was "resilient".

Read more
26 Apr 2023 09:29

Elementis Q1 underlying revenue flat; trading in line

(Sharecast News) - Specialty chemicals company Elementis hailed a "resilient" first-quarter performance on Wednesday, in line with expectations, with underlying revenues flat.

Read more
26 Apr 2023 09:06

LONDON MARKET OPEN: Stocks lower; housebuilders top performers

(Alliance News) - Stock prices in London opened lower on Wednesday, as a poor finish for Wall Street on Tuesday put investors in a risk-off mood amid renewed concerns about the US banking sector.

Read more
26 Apr 2023 07:55

LONDON BRIEFING: GSK quarterly sales slip but confirms 2023 guidance

(Alliance News) - Stocks in London were set to open lower on Wednesday as worries about the US banking sector returned.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.