Essentra (ESNT)

Sector:

Support

Index:

FTSE 250

414.20p
   
  • Change Today:
      2.00p
  • 52 Week High: 442.00p
  • 52 Week Low: 325.40p
  • Currency: UK Pounds
  • Shares Issued: 263.18m
  • Volume: 25,055
  • Market Cap: £1,090.08m
  • Beta: 1.09

Essentra's interim revenue soars but profit decline on Clondalkin acquisition

By Daniel Cancian

Date: Friday 31 Jul 2015

LONDON (ShareCast) - (ShareCast News) - Plastic and fibre producer Essentra reported a decline in interim profits on the back of exceptional costs, although revenue soared following the acquisition of Clondalkin specialist packaging.
Pre-tax profit for the first six months of the year declined 8.1% year-on-year after the group booked one-off costs related to the acquisitions of specialist packaging group Clondalkin earlier this year.

However, the acquisition boosted the group's revenue, which soared 27.6% year-on-year to £550.4m, while like-for-like revenue grew 1.1%.

Group's chief executive Colin Day said despite a sluggish performance in the group's pipe protection technologies, due to a global slowdown in the oil and gas sector, the group had made a solid start to the year.

"While the current environment in the oil and gas sector remains uncertain, Essentra remains well-positioned to deliver balanced, profitable growth in 2015 under its Drive for 2020 strategy," Day said.

Essentra said it will pay an interim dividend of 6.3p per share, 10.5% higher than in the corresponding period in 2014.

Essentra shares were down 5% to 912.00p at 0929 BST on Friday.

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Essentra Market Data

Currency UK Pounds
Share Price 414.20p
Change Today 2.00p
% Change 0.49 %
52 Week High 442.00p
52 Week Low 325.40p
Volume 25,055
Shares Issued 263.18m
Market Cap £1,090.08m
Beta 1.09

Essentra Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.71% below the market average62.71% below the market average62.71% below the market average62.71% below the market average62.71% below the market average
50.41% below the sector average50.41% below the sector average50.41% below the sector average50.41% below the sector average50.41% below the sector average
Price Trend
21.69% above the market average21.69% above the market average21.69% above the market average21.69% above the market average21.69% above the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Income
54.87% above the market average54.87% above the market average54.87% above the market average54.87% above the market average54.87% above the market average
51.16% above the sector average51.16% above the sector average51.16% above the sector average51.16% above the sector average51.16% above the sector average
Growth
67.95% below the market average67.95% below the market average67.95% below the market average67.95% below the market average67.95% below the market average
76.07% below the sector average76.07% below the sector average76.07% below the sector average76.07% below the sector average76.07% below the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Essentra Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Sep-19 25-Apr-19
Paid 30-Oct-19 03-Jun-19
Amount 6.30p 14.40p

Trades for 18-Nov-2019

Time Volume / Share Price
09:41 1,000 @ 414.54p
09:21 6,820 @ 414.80p
09:15 118 @ 414.40p
09:15 482 @ 414.40p
09:15 108 @ 414.80p

Essentra Key Personnel

Chair Paul J Lester
CFO Lily Liu

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