Elementis maintains its 2015 interim dividend at 2.7 cents

DividendMax Ltd.

Elementis maintains its 2015 interim dividend at 2.7 cents

HIGHLIGHTS

Results in line with recent trading update

Continued progress in leveraging strong market positions, geographic diversity and innovative products

Specialty Products adversely impacted by low oilfield activity

o Coatings sales up 1 per cent

North American decorative coatings sales up 8 per cent

Sales in Asia Pacific lower by 1 per cent due to Q2 slowdown in China

European coatings sales up 4 per cent

o Personal care sales performance slightly higher than previous period*

o Oilfield revenues down by 30 per cent as low oil prices impact activity

Chromium

o Generating consistent operating profit in line with strategy

Group operating margin stable at 19 per cent

Net balance sheet cash position increased to $16.1 million

Interim dividend maintained at 2.70 cents

Companies mentioned