Essentra Plc H1 Pretax Profit Rises – Quick Facts

Essentra plc reported pretax profit of 20.8 million pounds for the six months ended 30 Jun 2018 compared to 19.4 million pounds, previous year. Earnings per share from continuing operations was 5.6 pence, flat with prior year. Adjusted pre-tax profit from continuing operations was 38 million pounds compared to 37 million pounds. Adjusted earnings per share was 10.9 pence compared to 11.1 pence.

First-half revenue decreased 1.8% (increased 1.7% at constant FX) to 513.1 million pounds, with LFL revenue unchanged (up 1.3%, adjusting for the closure of the Newport IP5 cartons site at the end of 2017).

The Board of Directors has approved an interim dividend of 6.3 pence per 25 pence ordinary share. The interim dividend will be paid on 31 October 2018 to equity holders on the share register on 28 September 2018.

by RTTNews Staff Writer

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