7 January 2022 - trading update

We last commented on the component manufacturer Essentra last October when we recommended the shares as a buy at 290p.  Since then the shares have moved higher, rising by over 17% in three months.  The company has today issued a trading update covering the year to 31 December and this has confirmed a strong trading performance in the last quarter of the year.  All three divisions at the company reported revenue growth during the period and the company therefore expects to report profits for the year in line with expectations.  The strategic review of both . . .

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