Luxfer appoints Stewart Watson as non-executive director

RIVERSIDE, Calif. - Luxfer Holdings PLC (NYSE:LXFR), a $330 million market cap industrial company trading at a P/E ratio of 12.57, announced the appointment of Stewart Watson as a Non-Executive Director to its Board, effective September 1, 2025. According to the company’s statement, Watson will serve on the Nominating and Governance Committee and the Audit Committee.

Watson is a CIMA qualified accountant with over 35 years of leadership experience, including more than 20 years in the aerospace and defense industry. He previously spent 23 years at Meggitt PLC, where he held various senior positions including President of the Meggitt Equipment Group and Divisional Finance Director.

In his previous roles, Watson oversaw global operations across the US, UK, Canada, and Spain, including a two-year period working in California. He currently serves as a Non-Executive Director for two private UK companies - SeaBot Maritime and Poka Audio.

Patrick Mullen, Luxfer’s Board Chair, said, "His deep financial expertise, global operating experience, and proven leadership in complex industrial environments will be a strong asset as we continue to execute our strategy."

The company indicated that Watson’s appointment aligns with its focus on enhancing Board capabilities while also positioning for the anticipated retirement of a long-standing UK-based board member next year.

Luxfer Holdings PLC is an industrial company that specializes in materials engineering, with applications in defense, emergency response, clean energy, healthcare, transportation, and specialty industrial sectors.

In other recent news, Luxfer Holdings PLC reported its Q2 2025 earnings, surpassing analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $0.30, beating the forecasted $0.23, which represents a 30.43% surprise. Luxfer’s revenue also exceeded projections, reaching $104 million compared to the anticipated $98.2 million. These results highlight the company’s strong performance during the quarter. Additionally, following the earnings announcement, Luxfer’s stock price experienced an increase. The positive earnings report reflects investor optimism about the company’s current operations. Analysts had anticipated lower figures, making the actual results noteworthy for stakeholders. These recent developments underscore Luxfer’s financial health and market performance.

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