Essentra expects FY24 adjusted operating profit to meet previous guidance, revenue to increase slightly

From Nasdaq: 2025-01-21 02:20:50

Essentra plc provided a trading update for fiscal 2024, anticipating adjusted operating profit to meet previous guidance and analyst expectations. Group revenue is expected to increase by 0.3% on a constant currency basis, with revenue growth from BMP acquisition offsetting a like-for-like revenue decrease. FX impact led to a 4.4% decrease in reported Group revenue compared to the prior year. Fourth quarter Group revenue dropped by 2.9% at constant currency, with a 3.7% decline in like-for-like revenue. Stay updated on earnings news and stock performance at rttnews.com.



Read more at Nasdaq: Essentra Sees FY24 Adj. Operating Profit In Line With Previous Guidance – Quick Facts