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Elementis Swings to H1 Profit; Revenue Jumps

MT Newswires·07/30/2026 02:56:41
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02:56 AM EDT, 07/30/2026 (MT Newswires) -- Elementis (ELM.L) said Thursday it returned to profitability for the first half, while revenue increased year over year. Profit attributable to equity holders of the parent for the six months ended June 30 was $54.5 million, compared with a loss of $65.1 million earlier. EPS moved to $0.094 from a loss per share of $0.11. The pure-play specialty chemicals company's revenue was $318.2 million, compared with $290.8 million a year ago. Meanwhile, the board declared an interim dividend of $0.015 per share, payable Sept. 25 to shareholders on record Aug. 14. It paid $0.013 per share in the prior year. Looking ahead, Elementis expects its full-year adjusted operating profit to be in line with the company-compiled consensus estimate of $132.5 million.