PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2012
Elementis plc (ELM.L), a global specialty chemicals company, announces its results for the year ended 31 December 2012.
HIGHLIGHTS
Group earnings per share increased by 12 per cent*
Operating margin* improved to 19.0 per cent (2011: 18.0 per cent)
Resilient performance in Specialty Products
o Constant currency sales up 4 per cent; Operating profit* up 3 per cent
o Investing in growth
New plant commissioned; new technical facilities; acquisition in Brazil
Solid performance in Chromium
o Robust earnings and strong cash flow
Excellent cash generation
o Net cash position increased to $44.0 million
Final ordinary dividend increased by 14 per cent, full year up 11 per cent
First payment announced under special dividend programme, proposing to distribute 50 per cent of year end net cash
