Demand UncertaintyDespite meaningful demand uncertainty, Elementis is seen as well-placed to meet its FY26F targets, with significant improvement potential across the group.
Strategic UpdatesThere is a notable lack of real update on the Talc strategic review or announcements around a new CEO or a buyback.
Talc IssueThe Talc issue continues to be an overhang on the story, particularly for non-holders.