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Essentra PLC (ESNT.L)

ESNT.L on London Stock Exchange

399.40GBp
24 May 2019
Change (% chg)

1.20 (+0.30%)
Prev Close
398.20
Open
402.40
Day's High
402.40
Day's Low
397.40
Volume
278,896
Avg. Vol
391,014
52-wk High
517.04
52-wk Low
324.80

Latest Key Developments (Source: Significant Developments)

Essentra Says Trading For Four Months To April 30 In Line With Board's Expectations
Thursday, 23 May 2019 

May 23 (Reuters) - Essentra PLC ::ANNUAL GENERAL MEETING - TRADING UPDATE.TRADING FOR FOUR MONTHS TO 30 APRIL 2019 HAS BEEN IN LINE WITH BOARD'S EXPECTATIONS.COMPANY DELIVERING LIKE-FOR-LIKE REVENUE GROWTH OF C. 1% FOR FOUR MONTHS TO 30 APRIL 2019.COMPANY'S OUTLOOK FOR FULL YEAR 2019 IS UNCHANGED.ESSENTRA PLC - COMPANY EXPECTS TO MAKE FURTHER STRATEGIC PROGRESS IN 2019.WITH EFFECT FROM MID-FEB 2019, HERTILA BUSINESS IS INCLUDED IN LIKE-FOR-LIKE REVENUE.WITH EFFECT FROM 1 JANUARY 2019, LIKE-FOR-LIKE REVENUE GROWTH IN COMPONENTS IS CALCULATED ON A TRADING DAY-ADJUSTED BASIS.  Full Article

Essentra Will Publish 4-Month Trading Update On May 23
Monday, 8 Apr 2019 

April 8 (Reuters) - Essentra PLC ::2019 ANNUAL GENERAL MEETING AND TRADING UPDATE.COMPANY WILL PUBLISH A TRADING UPDATE ON MAY 23, COVERING FOUR-MONTH PERIOD TO 30 APRIL 2019.  Full Article

Essentra Reports FY Adj. Operating Profit Of 5.4 Mln Stg
Friday, 1 Mar 2019 

March 1 (Reuters) - Essentra PLC ::FULL YEAR DIVIDEND UNCHANGED AT 20.7P PER SHARE..EXPECT TO MAKE FURTHER STRATEGIC PROGRESS IN 2019..FY ADJUSTED OPERATING PROFIT OF £5.4M COMPARED TO AN ADJUSTED OPERATING LOSS OF £1.8M IN FY 2017.FY REVENUE 159.1 MILLION STG, DOWN 2.8 PERCENT.HEADING INTO 2019, MACRO ECONOMIC ENVIRONMENT IS UNCERTAIN.  Full Article

Essentra To Sell Its Pipe Protection Technologies Business
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Essentra PLC ::DISPOSAL OF PIPE PROTECTION TECHNOLOGIES BUSINESS.TRANSACTION VALUES PPT AT US$48.0M FREE OF CASH AND DEBT.PRO FORMA IMPACT OF DEAL ON ESSENTRA'S LEVERAGE AS AT 30 JUNE 2018 IS TO REDUCE NET DEBT TO EBITDA RATIO FROM 1.9X AS REPORTED TO 1.6X.DIVESTMENT OF ITS PIPE PROTECTION TECHNOLOGIES BUSINESS TO CERTAIN WHOLLY-OWNED SUBSIDIARIES OF NATIONAL OILWELL VARCO.  Full Article

Essentra Confirms Appointment Of Lily Liu As CFO
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Essentra PLC ::CONFIRMS APPOINTMENT OF LILY LIU AS AN EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER WITH EFFECT FROM TODAY.  Full Article

Essentra Says FY Revenue Rose To Over 1 Billion Stg
Friday, 2 Mar 2018 

March 2 (Reuters) - Essentra Plc ::FINAL DIVIDEND 14.4 PENCEPER SHARE.TOTAL DIVIDEND 20.7 PENCEPER SHARE.FY ‍DIVIDEND PER SHARE 20.7P​.FY GROUP REVENUE ‍£1,027M​ VERSUS 999 MILLION STG YEAR AGO.FY ADJUSTED PRETAX PROFIT ‍FROM CONTINUING OPERATIONS £74M​ VERSUS 96 MILLION STG YEAR AGO.FY ADJUSTED OPERATING PROFIT ‍​ FROM CONTINUING OPERATIONS 85 MILLION STG VERSUS 109 MILLION STG YEA AGO.‍IN OUR COMPONENTS BUSINESS WE EXPECT FURTHER BROAD-BASED GROWTH AND A STABLE MARGIN​.‍EXPECT A RETURN TO LIKE-FOR-LIKE REVENUE GROWTH AND MARGIN EXPANSION IN 2018​.‍REVENUE AND MARGIN OUTLOOK FOR FILTERS AND SPECIALIST COMPONENTS BUSINESSES IS STABLE​.‍ANTICIPATE IMPROVING YEAR-ON-YEAR REVENUE AND MARGIN TRENDS FOR PACKAGING BUSINESS​.  Full Article

Essentra Acquires Micro Plastics For Undisclosed Sum
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Essentra Plc ::ACQUIRED 100 PCT OF SHARE CAPITAL OF MICRO PLASTICS FOR AN UNDISCLOSED CASH CONSIDERATION.  Full Article

Essentra says ‍trading in Q3 showed modest like-for-like revenue growth for overall group​
Monday, 23 Oct 2017 

Oct 23 (Reuters) - ESSENTRA PLC ::‍TRADING IN Q3 2017 SHOWED MODEST LIKE-FOR-LIKE REVENUE GROWTH FOR OVERALL GROUP​.‍"CONTINUES TO ANTICIPATE THAT COMPONENT SOLUTIONS WILL GENERATE A SIMILARLY STRONG RESULT IN H2 COMPARED TO FIRST HALF OF YEAR"​.IN Q3 ‍IMPROVED TRENDS IN ALL THREE DIVISIONS COMPARED TO HALF YEAR 2017​.SEES ‍FILTER PRODUCTS TO DELIVER AN IMPROVED TREND IN BOTH LIKE-FOR-LIKE REVENUE GROWTH AND ADJUSTED OPERATING MARGIN IN H2​.‍IN HEALTH & PERSONAL CARE PACKAGING DETERIORATION IN LIKE-FOR-LIKE REVENUE GROWTH IS EXPECTED TO MODERATE MODESTLY IN H2 IS TO BE SLIGHTLY LOWER THAN HY 2017​.IN HEALTH & PERSONAL CARE PACKAGING, ADJUSTED OPERATING MARGIN IN H2 IS ANTICIPATED TO BE SLIGHTLY LOWER THAN HY 2017, OWING TO PROFIT IMPLICATIONS OF HURRICANE MARIA ON SITES IN PUERTO RICO.  Full Article

Essentra says two packaging sites in Puerto Rico disrupted due to hurricane
Monday, 25 Sep 2017 

Sept 25 (Reuters) - Essentra Plc :‍CONFIRMS THAT ITS TWO HEALTH & PERSONAL CARE PACKAGING SITES IN PUERTO RICO HAVE BEEN DISRUPTED AS A RESULT OF RECENT HURRICANE MARIA​.WHILE FACILITIES AT MANATI AND GUAYNABO HAVE NOT SUSTAINED SIGNIFICANT PHYSICAL DAMAGE, THEY HAVE NOT BEEN OPERATIONAL SINCE 19 SEPTEMBER 2017.TO EXTENT THAT TWO FACILITIES ARE NOT OPERATIONAL, FINANCIAL IMPACT IS ESTIMATED TO BE IN RANGE OF £500,000 - 750,000 PER WEEK."‍SIGNIFICANT IMPEDIMENTS TO RESUMING MANUFACTURING ACTIVITY, AND EXTENT TO WHICH CUSTOMERS THEMSELVES HAVE BEEN IMPACTED​".ESTIMATES PROFIT IMPACT FROM THESE PREVIOUS STORMS (IE, PRE-MARIA) TO BE IN RANGE OF £0.5 - 1.0M.  Full Article

Essentra says H1 revenue down 9.2 pct
Friday, 28 Jul 2017 

July 28 (Reuters) - ESSENTRA PLC ::H1 REVENUE FELL 9.2 PERCENT TO 213.4 MILLION STG.INTERIM DIVIDEND 6.3 PENCEPER SHARE.HY REVENUE 523M MILLION POUNDS VERSUS 495 MILLION POUNDS YEAR AGO.HY ADJUSTED PRE-TAX PROFIT 37 MILLION POUNDS VERSUS 53 MILLION POUNDS YEAR AGO.HY DIVIDEND PER SHARE 6.3 PENCE VERSUS 6.3 PENCE YEAR AGO.HY ADJUSTED NET INCOME 30 MILLION POUNDS VERSUS 42 MILLION POUNDS YEAR AGO.HY BASIC ADJUSTED EPS 11.2 PENCE VERSUS 16.1 PENCE YEAR AGO.SEVERAL STRATEGIC INITIATIVES IDENTIFIED TO ACCELERATE REVENUE GROWTH AND IMPROVE RETURNS ON CAPITAL.INCREMENTAL CAPEX OF £20M IN EQUIPMENT UPGRADE IN HEALTH & PERSONAL CARE PACKAGING, £10M IT INVESTMENT OVER THREE YEARS.COMPANY EXPECTS IMPROVING TRENDS IN SECOND HALF OF YEAR RELATIVE TO HY 2017.COMPONENT SOLUTIONS IS EXPECTED TO GENERATE A SIMILARLY STRONG RESULT IN H2.FILTER PRODUCTS AND HEALTH & PERSONAL CARE PACKAGING AN IMPROVEMENT IN LIKE-FOR-LIKE REVENUE GROWTH AND ADJUSTED OPERATING MARGIN IS ANTICIPATED IN H2.ALREADY INITIATED A REVIEW TO EVALUATE POTENTIAL RISKS AND OPPORTUNITIES WHICH BREXIT COULD ENTAIL FOR GROUP.IT IS PREMATURE TO SPECULATE AS TO IMPACT ON ESSENTRA OF UNITED KINGDOM LEAVING EUROPEAN UNION.  Full Article