Essentra (ESNT) Trading update summary

Trading performance

• FY25 revenue expected to grow 2.5% on a constant currency, like-for-like basis; reported revenue flat year-on-year.

• Q4 revenue increased 4.7% on a constant currency, like-for-like, working day-adjusted basis.

• EMEA achieved high single digit growth in Q4, led by strong performance in Turkey; Americas saw low single digit growth; APAC experienced a slight decline due to prior year one-off projects in China.

• Revenue growth driven by pricing, focus on faster-growing end-markets, and easing prior year comparatives.

Profitability and margins

• Adjusted operating profit for FY25 expected to be in line with market expectations (£32.0m–£32.4m).

• Adjusted operating margins for FY25 remain consistent with the first half of the year.

• Management continues to prioritize operational efficiencies.

Strategic initiatives and acquisitions

• Acquired Device Technologies, a US-based specialty cable protection device company, in December 2025.

• Acquisition complements existing product expertise and extends manufactured product offering.

• Integration of Device Technologies progressing as planned; acquisition pipeline remains strong.