LONDON (dpa-AFX) - U.K.-based specialty chemical business Elementis plc
(ELM) on Tuesday said it had a good start to the 2024 financial year. Constant
currency revenue for the first quarter increased by 3% and adjusted operating
profit increased by double digits.

In respect of the $30 million of cost savings commitment, the group said it was
on-track to deliver $12 million this year and $18 million in 2025.

The company said it has also launched five new products and delivered $13
million of sales from new business in the first quarter, despite a continued
challenging demand environment.

Elementis would publish its interim results for the six months to June 30, 2024
on 1 August 2024.



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