Essentra – H1 2023 report

Essentra has reported on its performance in the first half of 2023.

Turnover for the period to the end of June reached €166.3m, down 5.5% on the same period last year (€175.9). Adjusted net profit rose by 52.3% compared to last year to €23m (€15.1m).

“Essentra has shown financial and operational resilience in its first half year, making further progress towards our medium-term targets, despite the macro-economic backdrop. We continue to demonstrate the strength of our business model, which is underpinned by our global footprint, the breadth of our offer across a wide range of end-markets and our focus on our hassle-free customer proposition,” said Scott Fawcett, Chief Executive (pictured below).

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