Essentra (ESNT)

Sector:

Support

Index:

FTSE 250

419.80p
   
  • Change Today:
    -4.00p
  • 52 Week High: 442.00
  • 52 Week Low: 325.40
  • Currency: UK Pounds
  • Shares Issued: 263.16m
  • Volume: 265,773
  • Market Cap: £1,104.73m
  • Beta: 0.01

Essentra buys US knob and handle manufacturer Innovative Components

By Michele Maatouk

Date: Thursday 27 Jun 2019

LONDON (ShareCast) - (Sharecast News) - Essentra has bought US knob and handle manufacturer Innovative Components for an undisclosed sum in a deal that is expected to be immediately earnings-enhancing.
Based in Chicago, Innovative Components makes and distributes knobs, pins and handles in North America for a broad range of end markets. Essentra said the acquisition will build on its components division's product offering in the US and provide range extension opportunities in Europe and Asia, while adding "attractive low-cost" manufacturing capability in Costa Rica.

For the year to the end of December 2018, Innovative Components generated revenue of about $11m.

Chief executive Paul Forman said: "Innovative Components is a strong strategic fit with our own successful hardware business and another example of the attractive acquisition opportunities available to our Components division.

"As the last few months have demonstrated, we are continuing to combine the successful stabilisation of our businesses to generate stable organic growth with the active management of our portfolio."

At 0805 BST, the shares were up 1.3% at 426p.

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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 419.80p
Change Today -4.00p
% Change -0.94 %
52 Week High 442.00
52 Week Low 325.40
Volume 265,773
Shares Issued 263.16m
Market Cap £1,104.73m
Beta 0.01

Essentra Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.92% below the market average67.92% below the market average67.92% below the market average67.92% below the market average67.92% below the market average
52.46% below the sector average52.46% below the sector average52.46% below the sector average52.46% below the sector average52.46% below the sector average
Price Trend
3.66% above the market average3.66% above the market average3.66% above the market average3.66% above the market average3.66% above the market average
10.24% above the sector average10.24% above the sector average10.24% above the sector average10.24% above the sector average10.24% above the sector average
Income
45.72% above the market average45.72% above the market average45.72% above the market average45.72% above the market average45.72% above the market average
39.33% above the sector average39.33% above the sector average39.33% above the sector average39.33% above the sector average39.33% above the sector average
Growth
68.06% below the market average68.06% below the market average68.06% below the market average68.06% below the market average68.06% below the market average
72.88% below the sector average72.88% below the sector average72.88% below the sector average72.88% below the sector average72.88% 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-Oct-2019

Time Volume / Share Price
16:35 156,677 @ 419.80p
16:28 185 @ 419.80p
16:28 11 @ 420.07p
16:27 106 @ 420.00p
16:26 13 @ 419.80p

Essentra Key Personnel

Chair Paul J Lester
CFO Lily Liu

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