Taking a long hard look
FY16 has been a disappointing one for Essentra, but a new CEO is a catalyst for change. Having clearly identified some key issues, short-term remedial action is to be followed by a full strategic update later in the year. The near-term goal is to deliver more robust operational performance before driving profitable growth thereafter. FY16 results are scheduled for 17 February.Essentra is a provider of essential components and solutions. Co. operates through three segments. Health & Personal Care Packaging, which supplies packaging range such as cartons, leaflets, self-adhesive labels and printed foils used in blister packs to the health & personal care sectors; component solutions, which manufactures and distributes plastic injection molded, vinyl dip molded and metal items, serving a range of industrial base of customers such as equipment manufacturing, automotive, fabrication, electronics and construction; filtration products, which supplies cigarette filter, packaging solutions to the roll-your-own segment and analytical laboratory services.
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