Elementis plc (LON:ELM – Get Rating) insider Paul Waterman sold 87,641 shares of the firm’s stock in a transaction on Friday, April 14th. The stock was sold at an average price of GBX 118 ($1.46), for a total value of £103,416.38 ($127,974.73). Elementis Price Performance Shares of ELM opened at GBX 122.60 ($1.52) on Thursday. […]
Elementis plc (LON:ELM – Get Rating) insider Steve Good purchased 20,000 shares of the stock in a transaction that occurred on Thursday, March 23rd. The stock was purchased at an average price of GBX 113 ($1.39) per share, with a total value of £22,600 ($27,753.90). Elementis Stock Performance Shares of LON:ELM opened at GBX 112.30 […]
13 May 2021 | 07:45am
StockMarketWire.com - Specialty chemicals company Elementis said it expected performance toward the top end of market expectations after reporting strong first-quarter performance ahead of its expectations.
Further steady demand improvement from H2 2020 levels coupled with ongoing self help actions, will drive improved financial performance, towards the top end of consensus expectations, the company said.
Consensus expectations for adjusted operating profit to be in the range of $92 million to $103 million with an average of $97 million.
For the three months ended 31 March 2021, revenue increased approximately 6% on the prior year period, following the successful execution of self help actions augmented by improved underlying demand, customer restocking and currency tailwinds, the company said.
13 May 2021 | 08:39am
StockMarketWire.com - The FTSE 100 was under pressure in early trade Thursday, weighed down by a rout in US markets a day earlier, amid growing inflation worries.
The FTSE 100 was down 1.50% to 6,899.85 at 08:41.
Telecoms giant BT s share price fell 3.3% to 163.40p as it reported a fall in annual profit. Revenue was hurt by the impact of the Covid-19 pandemic on its consumer and enterprise businesses, the company said.
For the year through March 2021, pre-tax profit fell 23% to £1,804 million year-on-year as revenue slipped 7% to £21,331 million.
High-end fashion retailer Burberry resumed its full-year dividend after reporting a jump in profit as margins improved amid an accelerated recovery and a strong final quarter of the year.