Essentra Plc’s Underlying Revenue Remain Broadly Flat In Q3 2019

  • Oct 25, 2019 BST
  • Team Kalkine
  • Essentra Plc (ESNT) has reported its trading update for Q3 2019.
  • The company’s underlying revenue for the period remained broadly flat, despite some short-term Brexit impacts, while the like-for-like revenue declined 2.9 per cent for the period.
  • The company reported in line with expectations revenue in the Packaging, which remained underlying mid-single-digit growth after adjusting for the closure of Kilmarnock and Largo.
  • On 25th October 2019, at the time of writing, GMT 11:53 AM, ESNT shares were trading at GBX 410.60, down by 12.40 points or 2.93 per cent against the previous day closing price.

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