Full Year 2024 Elementis PLC Earnings Call Transcript

Mar 06, 2025

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Mar 06, 2025 / 09:00AM GMT
Operator

Hello and welcome everyone to the Elementis full year 2024 results presentation. My name is Becky and I'll be your operator today. (Operator Instructions)

I'll now hand over to Paul to begin. Please go ahead.

Lynn Paul Waterman - Elementis PLC - Chief Executive Officer, Executive Director

Good morning everyone and welcome to the Elementis 2024 full year results webcast. Thank you for taking the time to join us today. In terms of the agenda, I'll start with our highlights and a review of our business segment performance. Ralph will then review the group financials and finally, I'll take you through the (technical difficulty)

I'm pleased to report a strong 2024 performance with revenue and earnings growth across both coatings and personal care businesses. This performance was underpinned by self-help actions. We delivered above market revenue growth in a flat demand environment.

And we delivered $18 million of annual cost savings above our initial expectation of $12 million and there's still more to come. Our strong profit and cash

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