The Essentra Board has declared a 2025 interim dividend of 0.8 pence per share. The interim dividend is in line with the Group's dividend policy maintaining full year dividend cover in the order of three times adjusted earnings.
The interim dividend will be paid on 24 October 2025 to shareholders on the share register at the record date, being 19 September 2025. The ex-dividend date will be 18 September 2025. Essentra operates a Dividend Re-Investment Programme ("DRIP"), details of which are available from the Company's Registrars, Computershare Investor Services PLC. The final date for DRIP elections will be 3 October 2025.
Other financial highlights include:
H1 2025 performance in line with the Board's expectations
Revenue of £152.4m (H1 2024: £159.7m), 1.1% lower on a constant currency basis
Adjusted operating profit £16.5m (H1 2024: £21.8m), representing adjusted operating margin of 10.8% (H1 2024: 13.7%)
Excellent adjusted cash conversion of 106% (H1 2024: 80%) with an adjusted net cash inflow from operating activities of £17.4m (H1 2024: £17.5m)
Net debt of £68.7m excluding IFRS16 lease liabilities (31 December 2024 £68.2m), representing leverage of 1.5x adjusted EBITDA
