Elementis plc will be hosting a Capital Markets Day for analysts and investors, where they will present their ambitious 2026 financial targets. These targets include an adjusted operating profit margin of 19% or higher, a three-year average operating cash conversion above 90%, and a return on capital employed above 20%. The company expects to achieve the 19% operating margin through their growth and efficiency programs, with the potential for it to rise further with a recovery in the demand environment.

The presentation will also provide an update on Elementis' Innovation, Growth, and Efficiency strategy, highlighting the programs that are expected to deliver material growth, savings, and margin improvements. The company will also discuss their sustainability strategy, emphasizing their focus on innovative solutions that benefit customers and the environment.

Elementis has identified seven growth platforms that they will focus on, aiming to achieve $90 million of above-market revenue growth by 2026. These growth platforms will leverage the company's advantaged technologies and capitalize on key industry trends. Additionally, Elementis is executing its Fit for the Future efficiency program, which aims to deliver $20 million in cost savings by 2025. This program will involve redundancies, moving roles to lower-cost locations, and outsourcing back-office transactional roles. The company is also setting up a new global support base and R&D lab in Porto, Portugal.

Paul Waterman, CEO of Elementis, expressed excitement about the company's strategy and ambition for the future. He highlighted the combination of improved performance, strong cash generation, and leverage reduction as factors that will support attractive and sustainable shareholder returns.

For those unable to attend the Capital Markets Day, a webcast will be available, and a replay of the presentations will be made available on Elementis' website.