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Investegate |Essentra plc Announcements | Essentra plc: FY20 Pre-Close Trading Statement


Summary
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Four priorities remain; employee physical and emotional wellbeing, continued high levels of customer support, cash conservation, and building for our future
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On a like for like basis (LFL), Group Q4 revenue is -1.1% on the prior year, maintaining the trend of steady quarterly improvement since the nadir in Q2 of -9.8%. The Company expects to deliver FY20 operating profit in line with the consensus of analysts forecasts
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Improved LFL revenue trends seen through Q2 and Q3 have been maintained in Q4 for Components
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A reduction
in elective surgeries and prescription levels, first seen in Q3, continued but overall the Packaging division had a much improved Q4 ....

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