Elementis raises FY26 adjusted operating profit forecast to $133-135 million
Bitget2026/10/28 11:53- Elementis expects fiscal 2026 adjusted operating profit of $133-135 million, slightly above previous guidance and in line with latest market expectations.
- Nine-month revenue through September rose 7% on an organic constant-currency basis to $479 million, supported by strong Personal Care growth.
- Fourth-quarter revenue is expected below third-quarter levels, reflecting typical seasonality and earlier-than-anticipated customer orders fulfilled in the third quarter.
- Coatings growth is expected to moderate in the fourth quarter against a strong prior-year comparison in Asia.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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