Essentra (ESNT)

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FTSE 250

410.80p
   
  • Change Today:
    -0.80p
  • 52 Week High: 442.00
  • 52 Week Low: 325.40
  • Currency: UK Pounds
  • Shares Issued: 263.18m
  • Volume: 133,849
  • Market Cap: £1,081.14m
  • Beta: 1.10

Essentra narrows full year losses as dividend held

By Frank Prenesti

Date: Friday 02 Mar 2018

LONDON (ShareCast) - (ShareCast News) - Plastics and fibre maker Essentra on Friday reported a narrowing of full year losses while declaring a flat dividend.
The company said pre-tax losses came in at £5m compared with a £63m loss a year earlier. Revenue increased to £1.03bn from £999m and the dividend was held at 20.7p a share.

Essentra, which suffered supply problems during the year when hurricane Maria hit two of its sites in Puerto Rico, said a strong second half performance in its filter products division helped lift revenue, aided by its components solutions business.

However, there was a fall in sales at health and personal care packaging, which reported a 9% drop at constant currency rates £409.5m.

Chief executive Paul Forman said the business underwent "significant change" during the year.

"This was not only in terms of restoring stability across the organisation and addressing skill and capability gaps, but also in developing and articulating clear and data-driven strategies for each of our larger global divisions, together with a clearly defined role for the group in adding value," he said.

"I have previously expressed that restoring Essentra to sustainable, profitable growth is not a rapid journey, and we clearly have a lot of work still to do. However, together we have made great progress and tangible improvement in 2017, so we are already well on our way."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Essentra Market Data

Currency UK Pounds
Share Price 410.80p
Change Today -0.80p
% Change -0.19 %
52 Week High 442.00
52 Week Low 325.40
Volume 133,849
Shares Issued 263.18m
Market Cap £1,081.14m
Beta 1.10

Essentra Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.79% below the market average62.79% below the market average62.79% below the market average62.79% below the market average62.79% 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
21.67% above the market average21.67% above the market average21.67% above the market average21.67% above the market average21.67% above the market average
22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average
Income
55.84% above the market average55.84% above the market average55.84% above the market average55.84% above the market average55.84% above the market average
53.49% above the sector average53.49% above the sector average53.49% above the sector average53.49% above the sector average53.49% above the sector average
Growth
67.99% below the market average67.99% below the market average67.99% below the market average67.99% below the market average67.99% 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 14-Nov-2019

Time Volume / Share Price
16:35 367 @ 410.80p
16:35 375 @ 410.80p
16:35 31,430 @ 410.80p
16:29 57 @ 410.80p
16:29 82 @ 411.20p

Essentra Key Personnel

Chair Paul J Lester
CFO Lily Liu

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