Elementis (ELM): Elevate Elementis cost savings programme

This situation live

£1,046m · 181.2p · +6% since the first step

21 Jan 2026 · Margin gains and bolt-on cited as delivery · −5% until the next step Elementis will publish its results for the financial year to 31 December 2025 on 5 March 2026.

Turnaround plan with targets

Elevate Elementis cost savings programme

$6.5m of net $10m target delivered

DEC31 Next: deliver total net savings of $4m by end of 2026 in 68 days

Every step · 6

29 Oct 2025 on track; further c.$5m savings expected this year – We are on track to deliver $12m in cost savings by end of this year that completes the $30m of cost savings announced in November 2023 for delivery by the... ↗
26 Nov 2025 First bolt-on acquisition completed – The acquisition of Alchemy is consistent with the Group's Elevate Elementis strategy, which seeks to make disciplined, high-quality bolt-on acquisitions to... ↗
21 Jan 2026 Margin gains and bolt-on cited as delivery – Elementis will publish its results for the financial year to 31 December 2025 on 5 March 2026. ↗
5 Mar 2026 $18m delivered in 2025; $4m remaining – $18m cost savings delivered in 2025. On-track to deliver remaining $4m in 2026, part of the $10m additional cost savings announced in H1 2025 ↗
5 Mar 2026 $18m delivered in 2025; $4m remaining – $18m cost savings delivered in 2025. On-track to deliver remaining $4m in 2026, part of the $10m additional cost savings announced in H1 2025 ↗
30 Jul 2026 $6.5m of net $10m target delivered – $0.5m net savings delivered after $0.8m incremental investment in R&D. On-track to deliver total net savings of $4m by end of 2026 and complete targeted... ↗

What is happening

Elementis: Elevate Elementis cost savings programme – $6.5m of net $10m target delivered. ['$6.5m of net $10m target delivered']

In short: Elevate Elementis launched in July 2025 with a net $10m savings target, additional to $30m of savings from 2024-25. In H1 2026 net savings were $0.5m ($1.3m savings less $0.8m extra R&D), taking delivery to $6.5m; management is on track for $4m net in 2026.
Announced: 29 Oct 2025 · on track; further c.$5m savings expected this year
Latest: 30 Jul 2026 · $6.5m of net $10m target delivered
H1 net savings: $0.5m ($1.3m savings less $0.8m incremental R&D investment)
Delivered to date: $6.5m of the net $10m target since launch
2026 target: Total net savings of $4m by end of 2026

deliver total net savings of $4m by end of 2026 (31 Dec 2026).

Briefing Pro

What it does, how it got here, what management promised and delivered – written from its own announcements.

From the company's own announcements. Not investment advice.

Also at Elementis 1 open