Target status: x
Upload date: 07/02/2019
Last updated on: 03/11/2020
Who are the important people in the company?
ELLIOTT, Allisha
Correspondence address: Lumns Lane, Manchester, M27 8LN
Role: Director
Date of birth: August 1970
Nationality: American
Country of residence: United States
Occupation: Chief Human Resources Officer
HIPPLE, Richard Joseph
Correspondence address: Lumns Lane, Manchester, M27 8LN
Role: Director
Date of birth: November 1952
Nationality: American
Country of residence: United States
Occupation: Director
LANDLESS, David Farrington
Correspondence address: Lumns Lane, Manchester, M27 8LN
Role: Director
Date of birth: January 1960
Nationality: British
Country of residence: United Kingdom
Occupation: Accountant
MASKARA, Alok
Correspondence address: Lumns Lane, Manchester, M27 8LN
Role: Director
Date of birth: April 1971
Nationality: American
Country of residence: United States
Occupation: Chief Executive
SNOWDON, Clive John
Correspondence address: Lumns Lane, Manchester, M27 8LN
Role: Director
Date of birth: June 1953
Nationality: British
Country of residence: United Kingdom
Occupation: Company Director
TRIMBERGER, Lisa Gay
Correspondence address: Lumns Lane, Manchester, M27 8LN
Role: Director
Date of birth: November 1960
Nationality: American
Country of residence: United States
Occupation: Managing Director
What is the structure of the company?
The profit for the year 2019, after taxation, amounted to 4.2 million dollars. Quarterly interim dividends of 0.125 dollars each 0.50 pounds ordinary share, each quarter totalling 13.6 million dollars, were paid in 2019. Two further interim dividends were paid in February and May 2020 of 0.125 dollars each 0.50 pounds ordinary share totalling 6.8 million dollars.
On 11 December 2017, the company terminated its ADS facility and converted all outstanding ADSs into ordinary shares. The conversion is a one-for-one exchange with one ADS converted into one ordinary share.
During 2018, the company issued an additional 1,863,201 shares and also cancelled 7,578,369,556 deferred shares.
As at 31 December 2019, the company’s issued share capital comprised of 29,000,000 ordinary shares of 0.50 pounds each and 761,835,338,444 deferred shares of 0.0001 pounds each.
The company has been notified of the following interests amounting to 3% or more of its issued share capital as at the end of the financial year:
Shareholder | Number of shares | Per cent |
FMR LLC | 5,193,313 | 18.9% |
Wellington Management Group LLP | 3,551,633 | 12.9% |
Paradice Investment Management Group LLC | 2,632,226 | 9.6% |
Nantahala Capital Management LLC | 2,432,531 | 8.9% |
William Blair Investment Management LLC | 1,489,042 | 5.4% |
BlackRock Inc | 1,433,737 | 5.2% |
Kempen capital Management N.V. | 847,423 | 3.1% |
Granahan Investment Management Inc | 816,230 | 3.0% |
Previous company names: DMWSL 299 LIMITED, LUXFER 2000 LIMITED
Luxfer Group Limited has five business units
• Luxfer Gas Cylinder
• Luxfer Graphic Arts
• Luxfer Magtech
o Flameless Heating, Food & Beverage, Chemical Kits
o Magnesium & Specialty Products
• Luxfer MEL Technologies
• Luxfer Superform
What is the prospect’s strategy and ambitions?
• Luxfer Group Limited is a leading producer of highly engineered advanced materials serving attractive end markets worldwide
• They provide high-value innovative solutions
• Their aim is to improve people’s lives, keep them safer, and make their work more productive
• They seek to build value for their shareholders by focusing on delivering highly engineered proprietary products
• They maintain a disciplined approach to capital allocation
• They create a safe, clean and energy-efficient world by reducing the weight of high-performance components
• Luxfer is an industrial manufacturer of technologically advanced lightweight, high-strength, corrosion-resistant alloys, composites and specialty materials
• They embrace opportunities, rise above circumstances, accept responsibility for their customers’ actions
• They value personal talent and potential, and they invest in their people, maximizing opportunities for individual development
• They work together effectively in teams to achieve their common goals in ways that benefit their customers, local operations and global business
• They commit to minimize their environmental impact and closely monitor and review their activities with a view to improving performance
• They encourage employees’ engagement and involvement in everything they do
• They operate a policy of continual improvement in managing their health and safety risk so that they comply with all their legal and regulatory duties and good practice to protect the health and safety of employees, contractors, customers and neighbours
• They seek to meet high ethical standards in every aspect of their business and in accordance with their code of ethics and business conduct
• All Luxfer businesses are encouraged to support local causes and charities
• They operate in industries with attractive end markets
• They maintain strong competitive positions
• They are guided by the Luxfer Business Excellence Standard Toolkit, or Luxfer BEST, which includes commercial excellence, new product development, and pay for performance and lean operations at its core.
• Sectors of specialisation:
o Transportation
o Defence and Emergency Response
o Healthcare
o General industrial applications
• Based on defence sector Luxfer’s markets are:
o Aerospace
o Automotive
o Catalysis
o Ceramics
o Coatings and Solutions
o Defence
o Healthcare
o Oil and Gas
• Based on transportation sector Luxfer’s markets are:
o Automotive
o Rail
o Aerospace
Luxfer Holdings
The New York Stock Exchange welcomes Luxfer Holdings PLC (NYSE: LXFR) to ring The Opening Bell
Luxfer Holdings PLC Celebrates Recent IPO on the New York Stock Exchange
Luxfer Gas Cylinders
Luxfer Holdings PLC Rings the NYSE Opening Bell
Luxfer Holdings (LXFR) and CVR Refining (CVRR): Growth and Income Stocks
Luxfer UK (Nottingham) – Manufacturing of high-pressure aluminium cylinders
Luxfer – Manufacturing of carbon composite cylinders
Luxfer Cylinders use Hainbuch Workholding
Who are the prospect's customers?
No specific customers show however based on research Luxfer Group Limited provides innovative products and solutions worldwide to customers for use in
• General Industry sector
• Defence & First Responders sector
• Transportation sector
• Healthcare sector
Customer Reviews
N/A
What does the prospect consider important for its customers?
• They work in close collaboration with their customers to introduce innovative solutions that improve the quality of life for people worldwide
• They put safety and their customers first in a high-performance culture that values responsibility and accountability.
• They have global headquarters
• They deal ethically and honestly with our customers, business partners, shareholders, communities and Luxfer colleagues.
• They regard their customers as primary partners and stakeholders
• They build and sustain long-term relationships based on respect, cooperation on design and the highest standards of quality and service.
Who are the prospect's staff?
The average monthly number of persons (including directors) employed by the group and company during 2020, amounted to 1,564.
Male | Female | |
Directors | 4 | 2 |
Senior Managers | 38 | 6 |
Employees | 1275 | 239 |
Employee Reviews in Glassdoor
12 September 2020
“Worked at Luxfer Group full-time for more than a year
Pros
Free coffee, water, sugar for coffee and cream.
Cons
Absolutely poor leader, he truly represents the phrase ignorance is bliss. people and shuns both mexican and blacks as sub human.”
11 August 2020
“Worked at Luxfer Group full-time for more than a year
Pros
I enjoyed the people that I worked with. We all had a good relationship.
Cons
They were going through so financial issues when I was there. It may be better now.”
27 February 2019
Former Employee – Anonymous Employee in Manchester, England
“Pay is awful
Seems to be ingrained into the culture to be late to meetings, or just not turn up.
Key and job critical information not being passed down from ‘Management’ to operational teams
HR haven’t got a clue about anything and sit in their offices with door shut, eyes and ears closed to what is happening
Lack of overall accountability and ownership
‘But we’ve always done it that way’ mentality
Budgets cut, meaning tools required to carry out the job are not made available
Micromanagement
Loss of one client almost brought the whole business down”
3 July 2019
Current Employee – Manager in Kidderminster, England
“Have been working at Luxfer Group full-time for more than 10 years
Pros
Impressive benefits
Great workforce
Unique process
Career development
Cons
Parking can be hectic at the Worcester site”
What are the prospect’s unique selling points (USPs)?
• Luxfer is the most trusted name for high-pressure gas cylinders worldwide
• They continually strive to exceed customer expectations and be the partner of choice
• They continuously improve—embracing new ideas, taking calculated risks, creating better ways of working and developing new products and services that ensure our future success and growth
• They set the standard for product quality and performance.
• They provide simple services
• They develop a high-performance culture and talent and accelerating productivity
• They enhance growth and optimize the portfolio
What are the prospect’s business activities and potentials?
- Corporate Social Responsibility
- Luxfer Group is listed on the New York Stock Exchange under the ticker symbol “LXFR.”
- Luxfer Magtech donates $10,000 to Red Cross to Assist Communities Hit by Hurricanes
- Luxfer-GTM moves to an efficient new facility in Port of Catoosa, Okla.
- Luxfer Gas Cylinders launch expanded healthcare product range for Europe at Medica
- Superform at InnoTrans 2016
- Magnesium Elektron Opens Distribution Centre in South America
- Magnesium Elektron is teamed up with QIOPTIQ UK
- Luxfer Group enters into agreement to acquire two U.S. businesses, Truetech, Inc. and of Innotech Products, Ltd.
- Luxfer to supply bulk gas transportation modules
- Luxfer Group enters into North American joint venture
- Luxfer introduce exclusive SGS™ technology
- Luxfer Holdings to Acquire Neo Performance Materials
- Luxfer participated in the Baird Global Industrial Conference 2018
- Luxfer Holdings presented at the 19th Annual B. Riley Investor Conference 2018
- Luxfer Announces Completion of Exchange of ADSs for Ordinary Shares
- Luxfer Enters into Agreement to Acquire ESM Group’s Specialty Metals Business
- Magnesium Elektron Powders presented new developments in magnesium powders to the 2012 PowderMet Conference
Location
Luxfer Holdings PLC,
Lumns Lane,
Manchester
M27 8LN
Social Media
Published articles and awards
Awards
- Luxfer ECLIPSE™, World’s Lightest-weight SCBA Cylinder for Firefighter Life Support, Launched
- All three magnesium powder plants recognised for outstanding safety at MEP SAFETY AWARD 2011
- Luxfer awarded Gold Medal for innovation in industrial materials
- Magnesium Elektron’s SynerMag Bioresorbable Alloy Named 2016 Product of the Year
Who are the prospect’s competitors?
Competitors List (alphabetical order)
Criterion: Industry subcategory, Company Size and Product