Elementis (GB:ELM) has released an update.
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Elementis reported a resilient third-quarter performance with a 2% increase in revenue year-on-year, driven by positive pricing and new product launches. The company remains on track to achieve its annual cost savings goal of $15 million and is progressing with its restructuring program. Additionally, Elementis is set to receive a refund from HMRC following a favorable EU court ruling on state aid.
For further insights into GB:ELM stock, check out TipRanks’ Stock Analysis page.