Revenue: As of FY2026 Q1, the actual value is USD 83.9 M, missing the estimate of USD 84.5 M.EPS: As of FY2026 Q1, the actual value is USD 0.13.EBIT: As of FY2026 Q1, the actual value is USD 6.9 M.<h4>Consolidated Financial Performance</h4><ul><li>Net Sales: Luxfer Holdings PLC reported consolidated net sales of $83.9 million for the First Quarter of 2026, a -13.5% decrease from $97.0 million in the First Quarter of 2025. Excluding the Graphic Arts segment and adjusting for foreign exchange, net sales decreased by -8.6% .</li><li>Gross Profit: Gross profit increased to $21.9 million in the First Quarter of 2026 from $21.4 million in the First Quarter of 2025, a 2.3% increase. As a percentage of net sales, gross profit improved from 22.1% in 2025 to 26.1% in 2026 .</li><li>Operating Income: Operating income decreased to $6.2 million in the First Quarter of 2026 from $7.6 million in the First Quarter of 2025, an -18.4% decrease. As a percentage of net sales, operating income was 7.4% in 2026, down from 7.8% in 2025 .</li><li>Net Income from Continuing Operations: Net income from continuing operations was $3.8 million in the First Quarter of 2026, down from $5.5 million in the First Quarter of 2025, a -30.9% decrease .</li><li>Net Loss from Discontinued Operations: The company reported a net loss from discontinued operations of -$0.2 million in the First Quarter of 2026, compared to $0.0 million in the First Quarter of 2025 .</li><li>Net Interest Expense: Net interest expense decreased by -12.5% to -$0.7 million in the First Quarter of 2026 from -$0.8 million in the First Quarter of 2025 .</li><li>Defined Benefit Pension Credit: The defined benefit pension credit was $0.0 million in the First Quarter of 2026, a decrease from $0.6 million in the First Quarter of 2025 .</li><li>Provision for Income Taxes: The provision for income taxes was -$1.7 million in the First Quarter of 2026, compared to -$1.9 million in the First Quarter of 2025. The effective income tax rate on continuing operations increased from 25.7% in 2025 to 30.9% in 2026 .</li><li>Restructuring Charges: Consolidated restructuring charges increased significantly to -$2.3 million in the First Quarter of 2026 from -$0.1 million in the First Quarter of 2025 .</li><li>Other Costs: Other costs were -$0.6 million in the First Quarter of 2026, with no comparable costs in 2025 .</li><li>Share-based Compensation Charges: Total share-based compensation charges remained consistent at -$0.9 million for both the First Quarter of 2026 and 2025 .</li></ul><h4>Gas Cylinders Segment</h4><ul><li>Net Sales: Net sales for the Gas Cylinders segment increased by 1.7% to $41.8 million in the First Quarter of 2026 from $41.1 million in the First Quarter of 2025, driven by increased sales of Alternative Fuel (AF) cylinders .</li><li>Adjusted EBITA: Adjusted EBITA rose to $3.1 million in the First Quarter of 2026 from $1.8 million in the First Quarter of 2025, a 72.2% increase. As a percentage of net sales, Adjusted EBITA increased by 3.0 percentage points to 7.4% in 2026 from 4.4% in 2025 .</li><li>Adjusted EBITDA: Adjusted EBITDA increased by 46.2% to $3.8 million in the First Quarter of 2026 from $2.6 million in the First Quarter of 2025. As a percentage of net sales, Adjusted EBITDA increased by 2.8 percentage points to 9.1% in 2026 from 6.3% in 2025 .</li><li>Depreciation and Amortization: Depreciation and amortization for the segment was -$0.7 million in 2026, down from -$0.8 million in 2025 .</li><li>Restructuring Charges: Restructuring charges were -$2.2 million in 2026, up from -$0.1 million in 2025 .</li><li>Total Assets: Total assets were $124.4 million as of March 29, 2026, compared to $121.8 million as of December 31, 2025 .</li><li>Capital Expenditures: Capital expenditures increased to -$0.7 million in the First Quarter of 2026 from -$0.3 million in the First Quarter of 2025 .</li></ul><h4>Elektron Segment</h4><ul><li>Net Sales: Net sales for the Elektron segment decreased by -14.8% to $42.1 million in the First Quarter of 2026 from $49.4 million in the First Quarter of 2025, primarily due to reduced sales of zirconium powders .</li><li>Adjusted EBITA: Adjusted EBITA slightly decreased by -2.7% to $7.1 million in the First Quarter of 2026 from $7.3 million in the First Quarter of 2025. As a percentage of net sales, Adjusted EBITA increased by 2.1 percentage points to 16.9% in 2026 from 14.8% in 2025 .</li><li>Adjusted EBITDA: Adjusted EBITDA decreased by -2.3% to $8.5 million in the First Quarter of 2026 from $8.7 million in the First Quarter of 2025. As a percentage of net sales, Adjusted EBITDA increased by 2.6 percentage points to 20.2% in 2026 from 17.6% in 2025 .</li><li>Depreciation and Amortization: Depreciation and amortization for the segment remained consistent at -$1.6 million for both 2026 and 2025 .</li><li>Restructuring Charges: Restructuring charges were -$0.1 million in 2026, with no comparable charges in 2025 .</li><li>Total Assets: Total assets were $186.6 million as of March 29, 2026, compared to $171.0 million as of December 31, 2025 .</li><li>Capital Expenditures: Capital expenditures increased to -$1.4 million in the First Quarter of 2026 from -$1.0 million in the First Quarter of 2025 .</li></ul><h4>Graphic Arts Segment (Disposed)</h4><ul><li>Net Sales: The Graphic Arts segment, sold in July 2025, reported net sales of $6.5 million in the First Quarter of 2025 .</li><li>Adjusted EBITA: Adjusted EBITA for the segment was -$0.3 million in the First Quarter of 2025 .</li><li>Adjusted EBITDA: Adjusted EBITDA for the segment was -$0.3 million in the First Quarter of 2025 .</li><li>Capital Expenditures: Capital expenditures for the segment were -$0.1 million in the First Quarter of 2025 .</li></ul><h4>Cash Flow Metrics</h4><ul><li>Net Cash (Used) / Provided by Operating Activities: Net cash used by operating activities was -$4.1 million in the First Quarter of 2026, compared to $5.4 million provided in the First Quarter of 2025, primarily due to increased working capital .</li><li>Net Cash Used by Investing Activities: Net cash used by investing activities was -$2.1 million in the First Quarter of 2026, compared to -$1.4 million in the First Quarter of 2025 .</li><li>Net Cash Provided / (Used) by Financing Activities: Net cash provided by financing activities was $12.6 million in the First Quarter of 2026, compared to -$4.2 million used in the First Quarter of 2025, including net drawdowns of $18.3 million on the revolving credit facility .</li><li>Capital Expenditures (Consolidated): Consolidated capital expenditures were -$2.0 million in the First Quarter of 2026, up from -$1.2 million in the First Quarter of 2025 .</li><li>Dividends Paid: Dividends paid were -$3.5 million in the First Quarter of 2026, consistent with -$3.5 million in the First Quarter of 2025 .</li><li>Repurchase of Own Shares: The company repurchased -$0.7 million of its own shares (50,000 shares) in the First Quarter of 2026, compared to -$0.5 million (40,000 shares) in the First Quarter of 2025 .</li></ul><h4>Debt and Liquidity</h4><ul><li>Total Debt: Total debt outstanding was $57.7 million as of March 29, 2026, up from $39.4 million as of December 31, 2025 .</li><li>4.94% Loan Notes due 2026: These notes remained at $25.0 million as of March 29, 2026, and December 31, 2025, with repayment expected to be funded through the Revolving Credit Facility .</li><li>Revolving Credit Facility: The balance outstanding was $33.5 million as of March 29, 2026, up from $15.3 million as of December 31, 2025, with $91.5 million undrawn .</li><li>Committed Banking Facilities: Luxfer Holdings PLC had committed banking facilities of $125.0 million as of March 29, 2026, with $33.5 million drawn and an additional $25.0 million available through an uncommitted accordion provision .</li><li>Contractual Obligations: Total contractual cash obligations were $85.5 million, with $33.6 million due in less than 1 year .</li></ul><h4>Discontinued Operations (Superform)</h4><ul><li>Net Sales: Net sales for the Superform business were $1.8 million in the First Quarter of 2026, compared to $1.5 million in the First Quarter of 2025 .</li><li>Net Loss: The Superform business incurred a net loss of -$0.2 million in the First Quarter of 2026, compared to $0.0 million in the First Quarter of 2025 .</li><li>Assets and Liabilities Held-for-Sale: As of March 29, 2026, current assets held-for-sale were $6.3 million and current liabilities held-for-sale were $3.5 million .</li></ul><h4>Strategic Outlook and Trends</h4>Luxfer Holdings PLC anticipates navigating near-term uncertainties while maintaining strategic discipline for long-term growth in 2026. Key objectives include completing centers of excellence programs for footprint optimization, manufacturing excellence through automation, and margin improvement. The company also plans to execute select capital investment projects to support profitable growth and improve infrastructure, with a continued emphasis on operating cash generation and strong working capital performance .

Luxfer | 10-Q: FY2026 Q1 Revenue Misses Estimate at USD 83.9 M