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Essentra PLC on Wednesday said 2025 revenue to date has declined against 2024 sales, but remains confident in growth over the medium-term. The Oxford, England-based manufacturer and distributor of plastic injection-moulded, vinyl dip-moulded and metal components said revenue in the four months that ended May 3 declined 1.3% on-year on a like-for-like and trading day adjusted basis. Essentra saw ‘an improvement’ in order intake throughout the four months, particularly boosted by the region encompassing Europe, the Middle East and Africa. The EMEA region saw a mid-single digit volume decline in sales on-year, with the rate of contraction slowing since the second half of 2024, while the Americas returned to low-single digit volume growth, continuing second-half momentum. The Asia-Pacific region delivered mid-single-digit volume growth during the first four months of 2025, supported by China’s export market. Essentra said its expectations for 2025 remained unchanged, although the company is ‘mindful of the more uncertain economic backdrop’. The firm noted that it was currently too early to determine the indirect effect of US tariffs on industrial activity and market demand, but said it was well-positioned regarding its supply chains and operational capacity to navigate the market uncertainty. ‘The board remains confident in the group’s medium-term strategic plans and financial targets, underpinned by the strength of Essentra’s business model and supported by a number of ongoing management actions and initiatives across the organisation to drive growth and operational excellence,’ Essentra said. Shares in Essentra were up 1.8% at 102.00 pence each in London on Wednesday morning. The stock remains down 44% over the past year. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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