Elementis Plc (ELM.L), a specialty chemical company, on Wednesday said in its trading update for the first quarter ended March 31 that its revenue rose around 2 percent on an organic basis. Adjusted operating profit and margins also increased from last year, helped by pricing actions and ongoing internal improvement initiatives, the company added.
The company said that in the Personal Care segment, organic revenue saw a slight increase, as higher pricing and improved product mix offset weaker demand in the Americas. Margins remained broadly in line with the prior year, the company said in an official statement.
Elementis Plc said that the integration of Alchemy is progressing as expected. The company added that it is working on the sale of its pharma manufacturing business to Associated British Foods, with completion anticipated in the second quarter, subject to regulatory approvals.
The company said that it will report its interim results for the six months ending June 30, on July 30.
On the LSE, ELM.L is up 1.1 percent on Wednesday's trading at 152.00 pence.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.