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Morgan Advanced Materials (MGAM) investor relations material
Morgan Advanced Materials Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading performance
Q1 saw stable order intake across all divisions and end-markets, with organic constant currency revenue growth of 6.2%.
Trading in the first quarter was in line with expectations.
Outlook and guidance
Full-year 2026 outlook and guidance remain unchanged.
No material trading impact observed from the Middle East conflict in Q1; inflationary impacts are being offset through pricing.
Ongoing monitoring of geopolitical risks and potential prolonged impacts.
Strategic initiatives
Progress continues on strategic priorities, including a review of Thermal Products.
Focus remains on executing the strategy outlined at the December 2025 Capital Markets Day.
- 2025 saw resilient margins, strong cash flow, and a strategic review of Thermal Products.MGAM
H2 20253 Mar 2026 - 8.2% organic growth, 48.5% higher EPS, and 12.5% margin, led by strong demand in key markets.MGAM
H1 20242 Feb 2026 - 12%+ margins targeted by 2028 via transformation, divisional mandates, and capital discipline.MGAM
Strategy Update18 Dec 2025 - Revenue up 3.7%, margin at 11.7%, but 2025 faces headwinds from weak industrial demand.MGAM
H2 20241 Dec 2025 - Revenue and profit margins declined, but cost actions and simplification offset market weakness.MGAM
H1 202523 Nov 2025 - 2025 sales are forecast to fall 4%, with profit margins pressured by weak demand.MGAM
Trading Update14 Oct 2025 - Expanded cost savings and a £40m share buy-back announced amid softer market outlook.MGAM
Trading Update13 Jun 2025 - CEO succession and solid 2024 trading performance confirmed, with new leadership in July.MGAM
Trading Update6 Jun 2025
Next Morgan Advanced Materials earnings date
Next Morgan Advanced Materials earnings date
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