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Personal care is the key for Elementis

The business is recovering from Covid-19 damage but personal care is lagging.
Personal care is the key for Elementis
  • Adjusted operating profit was up 21 per cent on an adjusted basis.
  • Personal care revenue was down 5 per cent on an underlying basis.

Elementis (ELM) has almost clawed itself back to its pre-Covid levels after being badly impacted by the pandemic. Compared to H1 2019 its revenue is up 0.4 per cent, while adjusted operating profits were down 15.6 per cent down. These are green shoots but it should focus on personal care for sustained growth.

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