Essentra finance director steps down as company repeats full year guidance
Essentra reported a 2% increase in like-for-like revenue for the year-to-date with strong growth in the components business offsetting a decline in the packaging unit
Company
Essentra PLC
LON:ESNT
Essentra is a leading international supplier of specialist plastic, fibre, foam and packaging products with three Strategic Business Units: Component Solutions, Health & Personal Care Packaging and Filtration Products. Every day we produce and distribute millions of small but essential components. Our products may not be noticeable – or even recognisable – but wherever you are, our business is all around you. Our international network extends to 33 countries and includes 53 principal manufacturing facilities, 64 sales and distribution operations and 5 research & development centres.
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Essentra shares tank as it issues profit warning
The plastics and fibre group said it now expected adjusted operating profit in the range of £137mln to £142mln for the year to December 31