Essentra trading in line with expectations

(Sharecast News) - Essentra said in an update on Wednesday that trading remained in line with expectations in the first four months of 2025, as group revenue declined 1.3% on a like-for-like and trading day adjusted basis. The London-listed company, which was holding its annual general meeting, highlighted an improvement in order intake during the period, led by the EMEA region, and said its full-year expectations remain unchanged.

Regional performance continued to diverge, with mid-single digit volume declines in EMEA moderating compared to late 2024.

The Americas returned to low-single digit volume growth, while Asia-Pacific sustained its positive momentum with mid-single digit growth, supported by China's exports to the wider region.

Essentra said it was largely insulated from direct tariff impacts due to its regional manufacturing and sales model, with the majority of products made and sold within the same region.

Incremental tariff-related costs were being passed on, with further mitigation efforts, including supply chain redirection, underway.

Essentra reiterated its confidence in delivering on its medium-term financial and strategic targets.

It said it was continuing to invest selectively in growth opportunities and operational initiatives, while remaining alert to potential bolt-on acquisitions that support long-term value creation.

At 1100 BST, shares in Essentra were up 1.8% at 102p.

Reporting by Josh White for Sharecast.com.