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Segmental Information (Tables)

3 Months Ended

Mar. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by reportable segment for the Quarters ended March 30, 2025, and March 31, 2024, is included in the following summary:

						First Quarter 2025
			In millions			Gas Cylinders						Elektron						Graphic Arts						Total
			Net sales			$	41.1					$	49.4					$	6.5					$	97.0
			Manufacturing fixed costs			(7.5)						(7.2)						(1.9)						(16.6)
			Other cost of sales(1)			(28.0)						(27.5)						(3.5)						(59.0)
			Other segment items(2)			(3.8)						(7.4)						(1.4)						(12.6)
			Segment adjusted EBITA			$	1.8					$	7.3					$	(0.3)					8.8
			Amortization																					(0.2)
			Share-based compensation charges																					(0.9)
			Restructuring charges																					(0.1)
			Defined benefit pension credit																					0.6
			Interest expense, net																					(0.8)
			Income before tax from continuing operations																					$	7.4

						First Quarter 2024
			In millions			Gas Cylinders						Elektron						Graphic Arts						Total
			Net sales			$	45.4					$	37.7					$	6.3					$	89.4
			Manufacturing fixed costs			(7.6)						(6.8)						(2.1)						(16.5)
			Other cost of sales(1)			(30.1)						(20.1)						(4.3)						(54.5)
			Other segment items(2)			(4.4)						(5.8)						(1.6)						(11.8)
			Segment adjusted EBITA			$	3.3					$	5.0					$	(1.7)					6.6
			Amortization																					(0.2)
			Share-based compensation charges																					(0.6)
			Restructuring charges																					(0.7)
			Acquisition and disposal costs																					(0.2)
			Defined benefit pension credit																					0.3
			Interest expense, net																					(1.4)
			Income before tax from continuing operations																					$	3.8

During the first three months of 2025 there were $0.1 million sales made between our Elektron segment and Graphic Arts segment (2024: $0.3 million)

(1) Other cost of sales includes material costs and variable costs.

(2) Other segment items primarily consists of sales, marketing, research and development, general and admin costs.

15.    Segmental Information (continued)

						Depreciation and amortization									Restructuring charges
						First Quarter															First Quarter
			In millions			2025						2024																		2025						2024
			Gas Cylinders segment			$	0.8					$	0.8																	$	0.1					$	0.5
			Elektron segment			1.6						1.6																		—						0.2
			Graphic Arts segment			—						—																		—						—
			Consolidated			$	2.4					$	2.4																	$	0.1					$	0.7

						Total assets												Capital expenditures
						March 30,						December 31,												First Quarter
			In millions			2025						2024												2025						2024
			Gas Cylinders segment			$	126.2					$	122.5											$	0.3					$	0.8
			Elektron segment			170.3						173.1												1.0						0.7
			Graphic Arts segment			16.0						14.8												0.1						—
			Total reportable segments			312.5						310.4												1.4						1.5
			Other			64.4						64.3												—						—
			Discontinued operations			8.3						7.7												—						—
			Consolidated			$	385.2					$	382.4											$	1.4					$	1.5

Property, Plant and Equipment, Net by Geographic Region

						Property, plant and equipment, net
						March 30,						December 31,
			In millions			2025						2024
			U.S.			$	26.2					$	26.7
			United Kingdom			33.7						33.0
			Canada			2.7						2.8
			Asia Pacific			0.3						0.3
						$	62.9					$	62.8

Revenue from External Customers and Long-term Assets by Geographic Areas

The following tables present certain geographic information by geographic region for the First Quarter ended March 30, 2025, and March 31, 2024:

						Net Sales(1)
						First Quarter
						2025									2024
						$M			Percent						$M			Percent
			United States			$	61.8		63.7		%				$	53.2		59.6		%
			Germany			5.9			6.1		%				5.4			6.0		%
			U.K.			5.7			5.9		%				4.3			4.8		%
			Canada			3.0			3.1		%				4.0			4.5		%
			Japan			5.2			5.4		%				3.7			4.1		%
			Top five countries			$	81.6		84.2		%				$	70.6		79.0		%
			Rest of Europe			9.9			10.2		%				12.1			13.5		%
			Asia Pacific			3.9			4.0		%				3.6			4.0		%
			Other (2)			1.6			1.6		%				3.1			3.5		%
						$	97.0								$	89.4

(1) Net sales are based on the geographic destination of sale.

(2) Other includes South America, Latin America the Middle East and Africa.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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