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BRIEF-Essentra reports in-line trading, reaffirms FY expectations
April 20, 2017 / 6:29 AM / 5 months ago

BRIEF-Essentra reports in-line trading, reaffirms FY expectations

April 20 (Reuters) - Essentra Plc:

* Trading update

* Trading for financial year to date has been in line with board’s expectations

* Like-for-like revenue modestly declined as anticipated,

* Trend in all three divisions in Q1 2017 improved compared with each of previous two quarters

* Component solutions and filter products have entered 2017 on a much more stable footing

* Health & personal care packaging is continuing to receive specific short-term focus and remedial action

* Confirms its expectation for a reduction in group like-for-like revenue and adjusted operating profit in FY 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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