Elementis Presents Plan to Lift Innovation Sales to 20% of Total in Medium Term

By Public Technologies
  • Elementis plans to increase R&D spending by $6 million, raising it from about 2% to about 3% of sales.
  • Lab upgrades will receive $15 million in capital spending over 2026-2028.
  • Innovation sales are targeted at 20% of total sales in the medium term, up from 16% in 2025.
  • Innovation is expected to generate about one-third of growth, supported by a pipeline that has more than tripled over two years.
  • Medium-term targets include mid-single-digit revenue growth, an adjusted operating margin of at least 23% and cash conversion above 90%.


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