Berenberg 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.
Read moreEssentra disposes of filters unit, names new CEO
3rd Oct 2022 07:29
(Sharecast News) - Essential components business Essentra has offloaded its filters business to a wholly owned subsidiary of Centaury Management for an enterprise value of approximately £262.1m.
Read moreEssentra records strong first-half after packaging disposal
17th Aug 2022 08:14
(Sharecast News) - Essentra reported a "strong" first-half performance from its continuing operations on Wednesday, with revenue up 17% on a constant currency basis to £340.8m, and adjusted operating profit up 44% to £35.3m.
Read moreEssentra hails good start to year as H1 revenues grow
7th Jul 2022 11:12
(Sharecast News) - Essentra reported a rise in first-half revenues on Thursday as it hailed a "strong" start to 2022.
Read moreEssentra to dispose of packaging division
24th Jun 2022 07:18
(Sharecast News) - Essential components manufacturer Essentra has chosen to dispose of its ESNT Packaging & Securing Solutions and Essentra Packaging US divisions to Austria's Mayr-Melnhof for a cash consideration of £312.0m.
Read moreEssentra LFL revenues grow in Q1
19th May 2022 08:15
(Sharecast News) - Essential components provider Essentra said on Thursday that it has had "a strong start to the year", with like-for-like revenue growth of 16.4% in the first quarter of 2022, building on the "positive momentum" seen by the group throughout 2021.
Read moreEssentra FY revenue and profits grow
18th Mar 2022 07:14
(Sharecast News) - Vital components manufacturer Essentra turned in a "strong" full-year trading performance on Friday, driven by accelerated growth in the final quarter of 2021.
Read moreEssentra names Jack Clark as CFO designate
14th Mar 2022 07:25
(Sharecast News) - Essential components supplier Essentra revealed on Monday that it had tapped former Marshals chief financial officer Jack Clarke to succeed outgoing CFO Lily Liu.
Read moreBerenberg initiates coverage on Essentra at 'buy'
8th Mar 2022 10:17
(Sharecast News) - Analysts at Berenberg initiated coverage on essential components and solutions provider Essentra at 'buy' on Tuesday, stating the firm was "more than the sum of its components".
Read moreEssentra reports strong fourth quarter as review of divisions continues
7th Jan 2022 09:46
(Sharecast News) - Essentra reported a strong overall fourth quarter performance in a trading update on Friday, with revenue increasing 12.7% year-on-year on a like-for-like basis, and by 11.1% when compared to the pre-pandemic fourth quarter of 2019.
Read more