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Elementis – 2023 results, an already winning share tip with more to go

By Tom Winnifrith & Steve Moore | Saturday 9 March 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Specialty chemicals for product performance and personal care company Elementis (ELM) has announced its results for the 2023 calendar year emphasising “resilient financial performance, material deleveraging and dividend reinstated” and 2024 “good start to the year”. The shares are currently up towards 140p from our 125.8p offer price tip in January, but there looks further upside ahead.
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