Luxfer announces Q4 and full year 2018 results
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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