London close: Stocks mixed as Japan ends negative rate policy
19th Mar 2024 16:23
(Sharecast News) - London markets closed with a mixed performance on Tuesday, as investors weighed the implications of Japan's decision to end negative interest rates against upcoming policy announcements from the US Federal Reserve and the Bank of England later in the week.
Read moreEssentra delivers 'resilient' FY 24 performance, CFO to stand down
19th Mar 2024 08:05
(Sharecast News) - Essential components manufacturer Essentra said it had delivered a "resilient" performance in 2023, with the group progressing towards its medium-term targets.
Read moreEssentra FY adjusted operating profits seen in line with previous guidance
17th Jan 2024 09:22
(Sharecast News) - Plastic and fibre products supplier Essentra said on Wednesday that it expects full-year adjusted operating profits to be in line with previous guidance following a "resilient Q4 performance".
Read moreLondon close: Stocks end choppy session mixed
25th Oct 2023 15:11
(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors weighed a number of factors.
Read moreEssentra sees FY profit at lower end of expectations
25th Oct 2023 07:24
(Sharecast News) - Essentra said on Wednesday that full-year adjusted operating profit was set to be "towards the lower end" of its expectations due to a "softer" trading environment.
Read moreLondon midday: Stocks slip as core inflation stays high
16th Aug 2023 11:23
(Sharecast News) - UK stocks were trading at five-week lows on Wednesday despite some big gains from blue-chip insurers, with market sentiment hit by fears that the Bank of England may step in to raise interest rates once again.
Read moreLondon open: Stocks flat as rate-hike fears dampen risk appetite
16th Aug 2023 08:03
(Sharecast News) - UK stocks were struggling for direction on Wednesday after data showed that core inflation remains stubbornly high, raising fears that the Bank of England may step in to tighten monetary policy even further.
Read moreEssentra sales fall, but profits jump 52%
16th Aug 2023 07:38
(Sharecast News) - Essentra has reiterated its full-year guidance despite interim results from showing that the decline in underlying sales accelerated during recent months, as profits jumped by more than half.
Read moreEssentra holds guidance despite 9% fall in sales
16th May 2023 08:15
(Sharecast News) - Components maker Essentra on Tuesday held annual guidance, despite sales falling 9% in the four months to May 6, as supply chain improvements and signs of a rebound in China helped orders.
Read moreBerenberg lowers target price on Essentra
29th Mar 2023 13:00
(Sharecast News) - Over at Berenberg, analysts lowered their target price on hardware manufacturer Essentra from 295.0p to 255.0p on Wednesday but said it still sees a "significant medium-term opportunity".
Read moreEssentra holds guidance, confirms buyback
29th Mar 2023 07:29
(Sharecast News) - Essentra confirmed its £150m return to shareholders and maintained guidance as it posted lower full-year profits after taking a large hit from the disposal of its packaging and filters businesses.
Read moreEssentra sees FY in line despite global headwinds
6th Jan 2023 07:05
(Sharecast News) - Shares in components maker Essentra fell sharply after weaker sales in the final quarter, although the company said it expected annual profits to be in line with expectations despite global economic headwinds.
Read moreEssentra CEO stands down
3rd Jan 2023 08:08
(Sharecast News) - Essential components manufacturer Essentra said on Tuesday that chief executive Paul Forman stood down from the role on 31 December.
Read moreEssentra buys Wixroyd Group for £29.5m
1st Dec 2022 07:03
(Sharecast News) - Components maker Essentra said it had bought Wixroyd Group, a UK supplier of industrial parts for the engineering sector, for an initial £29.5m with a further £7m potentially payable on a deferred earn-out basis.
Read moreBerenberg raises target price on Essentra following CMD
22nd Nov 2022 09:16
(Sharecast News) - Analysts at Berenberg raised their target price on chemicals group Essentra from 275.0p to 295.0p on Tuesday following the firm's capital markets day last week.
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