Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Essentra reported a rise in fourth-quarter revenue underpinned by ongoing strength in its components and filters business.
Like-for-like revenue increased 12.7% on prior year and 11.1% versus Q4 2019.
The company said its strategic reviews of filters and packaging divisions were 'progressing as planned following the board's decision to become a pure play components business.'
Looking ahead, the company said it expected to deliver FY 2021 operating profit in the range of analysts forecasts of £80.7 million to £84.3 million.