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LXFR - Luxfer Holdings withdraws FY20 guidance and suspends operations as some facilities amid pandemic
Luxfer Holdings PLC
Luxfer Holdings (NYSE:LXFR) reports Q1 beats with revenue down 13.8% Y/Y.
The company is withdrawing 2020 financial guidance given uncertainty related to COVID-19.
In addition, the company has temporarily suspended operations at certain facilities and has reduced capacity at others. LXFR will continue to monitor the situation and may reduce or suspend operations at additional facilities as warranted.