Essentra ([[FLRAF]], [[FLRAY]]) is a U.K.-listed multinational components manufacturer. It started life as the fibers division of Bunzl ([[BZLFF]], [[BZLFY]]) and was demerged in 2005. It has had a mixed time since then, with the business struggling to perform at its best in the past several years. I rate the business well enough but expect a lower yield than before in future and think the investment case in the next couple of years is doubtful, so I would avoid.
Essentra: A Company Supplying Simple Components
The best way to think about Essentra is as suppling