Luxfer Delivers Strong Full-Year 2025 Profitability and Cash Generation February 24, 2026 Portfolio focus and favorable mix drive sustained profitability, enhanced adjusted earnings growth and strong cash flow generation Fourth Quarter 2025 Highlights* Net Sales declined 12.3% to $90.7 million from $103.4 million, while Adjusted Net Sales1 declined 5.5% Net Income of $0.1 million, compared to $3.3 million, and $0.12 per diluted share, with Adjusted Diluted EPS1 of $0.28 down 3.4% from $0.29 Adjusted EBITDA1 of $13.0 million, declined 5.8% Continued execution of previously announced operational excellence initiatives, including the Riverside and Powders Saxonburg centers of excellence, expected to drive improved efficiency and generate approximately $6 million of long-term annual savings Full Year 2025 Highlights* Net Sales declined 1.9% to $384.6 million from $391.9 million, while Adjusted Net Sales1 increased 2.5% Net Income of $13.1 million, or $0.48 per diluted share, compared to $18.3 million and $0.68 per diluted share, with Adjusted Diluted EPS1 of $1.11, up 12.1% from $0.99 Adjusted EBITDA1 of $51.9 million, up 4.2% Delivered strong free cash flow of $26.2 million, reducing net debt to $31.1 million Enhanced portfolio quality and strategic focus following completion of the Graphic Arts sale * Comparative information is relative to prior-year fourth quarter and full year; results exclude discontinued operations 1 Note: Adjusted results exclude Graphic Arts and 2024 legal fee recoveries
Meta strikes AMD chip deal as AI spend continues to boom February 24, 2026 Meta has agreed a multiyear deal to buy up to six gigawatts of AI computing power from AMD, in an agreement valued at more than $100bn (£74.5bn) that could see the social media group take a stake of up to 10 per cent in the US chip giant. The companies said on Tuesday that Meta [...]
Jets has Some Scope to land Nicholls tenth Greatwood gold February 24, 2026 AS WE march relentlessly towards the Cheltenham Festival there are only a couple of weekends left to fill the coffers before the greatest four days on turf. With jumps action from Newbury, Doncaster and Kelso, there’s plenty to get our teeth into this Saturday and I think I’ve spotted a few nice ante-post propositions. Trainers [...]
Poniros can cause Cheltenham shock once again February 24, 2026 CONSTITUTION Hill’s win on Flat debut at Southwell last Friday has really shaken up the Champion Hurdle betting. While you couldn’t help but be impressed by his performance, which saw him cut for Tuesday’s showpiece, there is still the glaring concern over his jumping. The difficult decision rests with connections, who may well choose to [...]
Paul Nicholls: British trainers in “better place” heading into Cheltenham February 24, 2026 PAUL Nicholls is confident that British trainers can challenge Ireland’s dominance at this year’s Cheltenham Festival, with the Ditcheat-based trainer suggesting Britain are going into Cheltenham “in a better place than we’ve been for the last few years”. Ireland won the Prestbury Cup by a huge 20-8 margin last year, but Nicholls believes the likes [...]
Big Four consulting giants pivot to ‘high-growth verticals’ amid AI disruption February 24, 2026 Following news of Deloitte’s latest expansion, experts predict a wave of restructuring and a “high-growth vertical” focus across the Big Four giants. On Monday, Deloitte revealed its plans to launch a Europe, Middle East, and Africa (EMEA) firm, aiming to build a regional powerhouse that keeps pace with rapid technological change. The new firm will [...]
Jammie Dodger owner tastes sweet success after return to profit February 24, 2026 Profit at the biscuits giant behind Jammie Dodgers and Wagon Wheels hit a sugar rush as the firm turned to a Strictly Come Dancing judge and a “Dubai-inspired” biscuit to boost revenue. The group, which includes Burton’s Biscuit Company and Fox’s Biscuits, has posted a nine per cent boost in revenue, to £695m for the [...]
If defence is a priority, government must be honest about who pays February 24, 2026 America has made clear that Europe must stand on its own two feet when it comes to national security. But defence ambitions must be reconciled with balance sheets already stretched to their limits, says Helen Thomas The largest build-up of American military assets in the Middle East for two decades alongside last week’s Munich Security [...]
Pubs to open late during World Cup – a life raft for hospitality? February 24, 2026 Though the Labour government and the country’s thousands of pub landlords have very rarely seen eye-to-eye in recent months, the World Cup could bring a summer truce to this fiery dispute. Hospitality trade bodies and one of the country’s biggest pub chains have told City AM they welcome the government’s move to allow pubs to [...]
Why US tech firms are circling Wales for AI investment February 24, 2026 With land, connectivity and an enabling regulatory ecosystem, Wales is now on the radar of AI investors, writes Phil Pugh.