Luxfer Reports Q4 EBITDA Beat and Guides 2026 Sales of $350–370M
Q4 adjusted EBITDA was $13.0 million (14.3% margin) on $90.7 million sales, down 5.5%, while full-year 2025 sales rose 2.5% to $371.2 million and EBITDA increased 4.2% to $51.9 million. Net debt fell $9.9 million to $31.1 million (0.6x leverage); 2026 sales guided at $350–370 million and $50–55 million EBITDA.
1. Q4 and Full-Year 2025 Financial Results
Luxfer posted Q4 adjusted sales of $90.7 million, down 5.5% year-over-year, with adjusted EBITDA of $13.0 million and a 14.3% margin. For full-year 2025, adjusted sales reached $371.2 million (+2.5%), adjusted EBITDA rose 4.2% to $51.9 million and EPS increased 12.1% to $1.11.
2. Segment Performance
The Elektron business delivered $46.9 million in Q4 sales (down 1.3%) with a 19.6% EBITDA margin and drove full-year sales up 11.6% to $196.4 million and EBITDA up 16% to $36.9 million. Gas Cylinders sales fell 9.7% to $43.8 million in Q4, with a 17.4% gross margin and $3.8 million EBITDA.
3. Cash Flow and Leverage Improvements
Operations generated $33.9 million of cash and $26.2 million of free cash flow in Q4, enabling a $9.9 million net debt reduction to $31.1 million and 0.6x leverage. Strong cash generation supports balance sheet strength and strategic flexibility.
4. 2026 Guidance and Optimization Initiatives
Management forecasts 2026 adjusted sales of $350–370 million and $50–55 million of EBITDA, expecting mid-single-digit top-line decline offset by stable margins. Footprint optimization at Riverside and Saxonburg is projected to deliver up to $6 million in annual savings starting late 2026.