Tuesday, 29th July 2014

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FTSE 250 movers: Elementis lifted by resilient H1, increase in divi

Tue 29th Jul 14, 15:34

Natasha Roberts

A "resilient" first-half performance and a 5% increase in the interim dividend helped lift shares in Elementis during today's session. The speciality global chemicals company, which posted a 3% rise in sales and a 7% increase in profit, said that it had been able to achieve growth despite weather issues in the first quarter and varied global growth rates, largely thanks to its geographic footprint and broad end-markets.

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