Last checked at 21 Mar 2023 16:03
ESSENTRA PLC
2022 FULL YEAR RESULTS REVISED DATE
EXPECTED RESULTS AND GUIDANCE UNCHANGED
Essentra plc ("Essentra" or the "Company"), today announces a revised date for the publication of its preliminary financial results for the year ended 31 December 2022. The Company will now announce its results on 29 March 2023 and not on 22 March 2023 as previously stated.
The Company confirms that the 2022 outturn remains in line with Board expectations.
As a result of the disposals of the Filters and Packaging businesses in 2022, the Company's auditor, PwC, has requested additional time to complete its standard procedures. Whilst the audit is not yet complete, no substantive issues have been brought to the Board's attention.
The Board remains confident, based on current order trends, of meeting 2023 market expectations.
In keeping with the Share Buyback Programme announcement on 2 February 2023, the Board re-confirms its intention to announce the launch of the Share Buyback Programme immediately after it announces the preliminary results for the year ended 2022.
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Notes to Editors
About Essentra plc
Essentra plc is a FTSE 250 company and a leading global provider of essential components and solutions, focusing on the manufacture and distribution of plastic injection moulded, vinyl dip moulded and metal items.
Headquartered in the United Kingdom, Essentra's global network extends to 28 countries worldwide and includes over 3,000 employees, 13 manufacturing facilities, 24 distribution centres and 33 sales & service centres serving c.80,000 customers with a rapid supply of low cost but essential products for a variety of applications in industries such as equipment manufacturing, automotive, fabrication, electronics, medical and renewable energy.
For further information, please visit www.essentraplc.com
Cautionary forward-looking statement
This statement contains forward-looking statements based on current expectations and assumptions. Various known and unknown risks, uncertainties and other factors may cause actual results to differ from future results or developments expressed or implied from the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. The Company accepts no obligation to revise or update these forward-looking statements publicly or adjust them to future events of developments, whether as a result of new information, future events or otherwise, except to the extent legally required.