Essentra (ESNT)

Sector:

Support

Index:

FTSE 250

175.80p
   
  • Change Today:
      5.60p
  • 52 Week High: 208.50
  • 52 Week Low: 143.60
  • Currency: UK Pounds
  • Shares Issued: 286.95m
  • Volume: 318,051
  • Market Cap: £504.46m

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Essentra's 'encouraging start' to FY continues in April

By Iain Gilbert

Date: Thursday 20 May 2021

LONDON (ShareCast) - (Sharecast News) - Essential components manufacturer Essentra said on Thursday that its "encouraging start" to the year had continued, with like-for-like growth across the four months ended 30 April at 6.0%.
However, Essentra did note that its more recent growth rate was "inevitably skewed" due to the initial impact of the Covid-19 pandemic in April 2020 and stated that compared to April 2019, last month's trading performance was broadly flat on a like-for-like basis.

Essentra said its April performance was principally from its components division, where end markets continued to improve and its commercial initiatives delivered benefits, and its filters division, where performance was mainly driven by outsourcing contracts delivering strong volumes.

Packaging was said to have remained down year-on-year owing to the continued impact from a reduction in the level of prescriptions and elective surgeries through lockdown periods, combined with the fact that its prior-year comparative benefitted from a boost to over-the-counter trade as a result of the Covid-19 pandemic.

"Recent order book trends continue to improve across the Group, and we expect this positive momentum to continue," said Essentra.

"Although the pandemic continues to contribute to an uncertain macro-economic environment, the diverse nature of the company's end markets provides a degree of resilience against the macro uncertainty caused by the pandemic."

As of 0840 BST, Essentra shares were up 0.97% at 313.0p.

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Essentra Market Data

Currency UK Pounds
Share Price 175.80p
Change Today 5.60p
% Change 3.29 %
52 Week High 208.50
52 Week Low 143.60
Volume 318,051
Shares Issued 286.95m
Market Cap £504.46m

Essentra Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.47% below the market average83.47% below the market average83.47% below the market average83.47% below the market average83.47% below the market average
57.78% below the sector average57.78% below the sector average57.78% below the sector average57.78% below the sector average57.78% below the sector average
Price Trend
3.54% below the market average3.54% below the market average3.54% below the market average3.54% below the market average3.54% below the market average
10.89% below the sector average10.89% below the sector average10.89% below the sector average10.89% below the sector average10.89% below the sector average
Income
60.66% below the market average60.66% below the market average60.66% below the market average60.66% below the market average60.66% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Growth
5.17% above the market average5.17% above the market average5.17% above the market average5.17% above the market average5.17% above the market average
8% below the sector average8% below the sector average8% below the sector average8% below the sector average8% below the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 6
strong_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
  Final Interim
Ex-Div 16-May-24 21-Sep-23
Paid 05-Jul-24 27-Oct-23
Amount 2.40p 1.20p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 217,360 @ 175.80p
16:35 514 @ 175.80p
16:35 524 @ 175.80p
16:35 916 @ 175.80p
16:35 125 @ 175.80p

Essentra Key Personnel

CFO Jack Clarke
CEO Scott Fawcett

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