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lower expectations

  • Essentra in ‘grave danger’ of losing FTSE 250 spot as shares crater on lowered expectations

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    Essentra, lowered its 2024 full year operating forecast, as its shares cratered by almost 20 per cent this morning. The company lowered its expectations, from the previous range of £48.4m-£49.7m to an estimated operating profit of £40m – £42m. This was put down to the impact of adverse foreign exchange translation of around £2m. Following [...]

    Essentra risks falling out of the FTSE 250

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