Report
Toby Thorrington

Investment summary: More from more focus

At a well-attended capital markets event (CMD) on 14 November, new senior management presented a cohesive approach for improving earnings, returns and cash. This was no radical change, but greater emphasis is being placed on focused growth investment and operational efficiency. The platform is there, the strategy logical, so share price performance will be driven by execution.
Underlying
Elementis plc

Elementis is an investment and holding company. Through its subsidiaries, Co. operates as a specialty chemicals company. Co. has four segments: Personal Care, which supplies rheology modifiers based on organoclay, synthetic and natural ingredients to personal care manufacturers; Coatings, which supplies rheology modifiers and additives to manufacturers of decorative and industrial coatings; Chromium, which supplies a range of chromium chemicals for customers across a range of sectors and applications to make their products corrosion resistant and durable; and Energy, which supplies rheological modifiers and additives primarily for oil and gas drilling and stimulation activities.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Toby Thorrington

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