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Essentra 4-month Trading In Line With Board View

Essentra plc. (ESNT.L) reported that its trading for the four-month ended 30 April 2019 was in line with the Board's expectations. Like-for-like revenue growth was about 1% for the period, while it was up more than 3%, adjusting for the closure of the Kilmarnock and Largo packaging sites at the end of 2018.

The company said that its outlook for full year 2019 is unchanged. While the macro environment in 2019 remains uncertain which impacts the component division - and elements of Specialist Components - Essentra said it remains focused on delivering the stated objectives for each of its four divisions. Accordingly, the company expects to make further strategic progress in 2019.

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