Essentra PLC (LSE:ESNT)
£ 1.492 -0.01 (-0.67%) Market Cap: 428.18 Mil Enterprise Value: 521.88 Mil PE Ratio: 83.44 PB Ratio: 1.57 GF Score: 69/100

Half Year 2019 Essentra PLC Earnings Call Transcript

Aug 02, 2019 / 07:30AM GMT
Release Date Price: £3.99 (-5.41%)
Paul Forman

Okay. It's 8:30. Good morning, everyone, both in the room and in cyberspace back there. A very warm welcome to the 2019 interims for Essentra plc.

I will be kicking off. I will give you a summary and a brief update on the highlights. Lily will be taking you through the numbers pre- post IFRS, pre- post disposal, pre- post anything else as well. I will then be giving you an update on what's been happening in the engine room of the business, the stability agenda. We'll then talk because there's awful lot of moving parts about the impact of our portfolio simplification and hopefully, give you some information that will enable you to knit the fog that we have created for you through our active management of the portfolio in the last 6 months.

So if we were to stand back and say the journey since January 1, 2017, is a book, you can choose what type of book, I'll leave that to yourselves, then I think at the moment, what we would be doing is starting the third chapter. Chapter 1 was really about understanding what the fundamental issues were. It was about developing solutions. It was

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