Essentra PLC (OTCPK:FLRAF)
$ 1.6466 -0.1334 (-7.49%) Market Cap: 472.18 Mil Enterprise Value: 589.64 Mil PE Ratio: 73.00 PB Ratio: 1.37 GF Score: 75/100

Full Year 2018 Essentra PLC Earnings Call Transcript

Mar 01, 2019 / 08:30AM GMT
Release Date Price: $4.82
Paul A. Forman
Essentra plc - Chief Executive & Executive Director

Right. Let's start. Good morning, everyone. Welcome to the Essentra Full Year 2018 Results. For those of you who don't know me, my name is Paul Forman; and I am now joined by a new partner in crime, Lily, who will be talking to you about the interesting bit, the numbers, in a minute.

I could probably have given some of these Essentra presentations wearing surgical equipment, such was the surgery that was being required. I think now the patient is, if not fully, fully recovered, we were probably tottering out of the recovery ward and taking our first few steps on a kind of therapeutic treadmill, such I think is the progress that we are making.

What I would say about this year is it was a year of inflection and it was a year of progress. As the top headline says there, we have restored growth. Our recovery is on track, arguably marginally ahead. And the strategic initiatives are consistent and being delivered.

For the first time since 2015, and it's interesting that roughly half the senior team in Essentra

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