Essentra (ESNT)

Sector:

Support

Index:

FTSE 250

294.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 449.00
  • 52 Week Low: 206.80
  • Currency: UK Pounds
  • Shares Issued: 263.22m
  • Volume: 153,675
  • Market Cap: £773.87m

Essentra back on track as it returns to profits growth

By Frank Prenesti

Date: Friday 03 Aug 2018

LONDON (ShareCast) - (Sharecast News) - Plastics supplier Essentra on Friday said it had returned to profit growth as it unveiled a 7% rise in half-year pre-tax profits to £21m.
Revenue fell to £513.1m from £522.6m, but was unchanged on a like-for-like basis, the company said.

The interim dividend was held at 6.3p a share as Essentra reported margin growth in three of its four divisions.

"I am pleased by the group's continued transformation and the progress we have made on our strategic objectives in the first half of 2018, returning the company to profit growth while maintaining widespread stability across the organisation," said chief executive Paul Forman.

"I believe we have now turned a corner in packaging, although there is still much to do. The sequential improvement in 2018 in both the revenue trend and profitability is testament to the significant efforts we have made to stabilise the business, to focus on doing the basics better and to become an increasingly valued partner to our customers."

Forman said the Europe & Asia packaging business returned to underlying growth, and the company was confident of reaching an "inflexion point for the entire packaging division during the second half of this year".

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Essentra Market Data

Currency UK Pounds
Share Price 294.00p
Change Today 3.00p
% Change 1.03 %
52 Week High 449.00
52 Week Low 206.80
Volume 153,675
Shares Issued 263.22m
Market Cap £773.87m

Essentra Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
4.09% below the market average4.09% below the market average4.09% below the market average4.09% below the market average4.09% below the market average
0.92% above the sector average0.92% above the sector average0.92% above the sector average0.92% above the sector average0.92% above the sector average
Price Trend
44.12% below the market average44.12% below the market average44.12% below the market average44.12% below the market average44.12% below the market average
43.86% below the sector average43.86% below the sector average43.86% below the sector average43.86% below the sector average43.86% below the sector average
Income
14.29% below the market average14.29% below the market average14.29% below the market average14.29% below the market average14.29% below the market average
10% below the sector average10% below the sector average10% below the sector average10% below the sector average10% below the sector average
Growth
38.07% below the market average38.07% below the market average38.07% below the market average38.07% below the market average38.07% 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 28-May-2020

Time Volume / Share Price
16:35 65,491 @ 294.00p
16:29 3 @ 294.40p
16:29 9 @ 294.40p
16:29 3 @ 294.40p
16:29 137 @ 294.40p

Essentra Key Personnel

CEO Paul Forman
CFO Lily Liu

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