Elementis targets innovation sales at 20% of total in medium term

By Public Technologies
  • Elementis targets medium-term mid-single-digit revenue growth, compared with 4.7% in the first half of 2026.
  • Adjusted operating margin is targeted at 23% or higher, versus 23% in the first half.
  • Medium-term targets include cash conversion above 90% and return on capital employed excluding goodwill above 30%.
  • Innovation is expected to generate about one-third of growth, with innovation sales targeted at 20% of revenue over the medium term.
  • Planned investment includes $6 million in additional R&D spending and $15 million in laboratory capital expenditure during 2026-2028.


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