The Elementis Board has declared an interim dividend of 1.3 cents per share (H1 2024: 1.1 cents per share), which will be paid in pounds sterling. A dividend of 0.97 pence per share has been determined by converting the 1.3 cents into pounds sterling using the forward rate of £1.00:$1.34 as determined on 30 July 2025. The interim dividend will be paid on 26 September 2025 to shareholders included on the share register on 15 August 2025.
Other financial highlights include:
Revenue down 1% on a constant currency basis to $308m in soft market conditions.
Adjusted operating profit up 7% on a constant currency basis to $65m.
Statutory operating profit up 5% to $57m.
Adjusted operating margin of 21%, up from 20% last year.
$50m buyback progressing in line with expectations.
Net debt of $125m reduced by 36% since 31 December 2024. Net debt to EBITDA of 0.9x.
