Essentra (ESNT)

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Index:

FTSE 250

291.60p
   
  • Change Today:
      1.00p
  • 52 Week High: 449.00
  • 52 Week Low: 206.80
  • Currency: UK Pounds
  • Shares Issued: 263.22m
  • Volume: 30,796
  • Market Cap: £767.55m

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 291.60p
Change Today 1.00p
% Change 0.34 %
52 Week High 449.00
52 Week Low 206.80
Volume 30,796
Shares Issued 263.22m
Market Cap £767.55m

Essentra Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
0.88% below the market average0.88% below the market average0.88% below the market average0.88% below the market average0.88% below the market average
0.92% below the sector average0.92% below the sector average0.92% below the sector average0.92% below the sector average0.92% below the sector average
Price Trend
48.15% below the market average48.15% below the market average48.15% below the market average48.15% below the market average48.15% below the market average
47.37% below the sector average47.37% below the sector average47.37% below the sector average47.37% below the sector average47.37% below the sector average
Income
12.87% below the market average12.87% below the market average12.87% below the market average12.87% below the market average12.87% below the market average
7.5% below the sector average7.5% below the sector average7.5% below the sector average7.5% below the sector average7.5% below the sector average
Growth
38.32% below the market average38.32% below the market average38.32% below the market average38.32% below the market average38.32% below the market average
51.85% below the sector average51.85% below the sector average51.85% below the sector average51.85% below the sector average51.85% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 5
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 02-Jun-2020

Time Volume / Share Price
09:33 507 @ 292.22p
09:31 47 @ 293.60p
09:31 31 @ 291.60p
09:31 2,500 @ 292.00p
09:31 20 @ 292.00p

Essentra Key Personnel

CEO Paul Forman
CFO Lily Liu

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