July 28, 2017 / 6:32 AM / 2 years ago

Essentra profit falls as unit integration woes continue

July 28 (Reuters) - Essentra Plc, a supplier of speciality plastic and packaging products, said its profit fell 29 percent in the first half as sales at its health and personal care packaging unit continued to slow due to integration issues.

The company said pretax profit for the six months ended June 30 fell to 37 million pounds ($48.4 million) from 53 million pounds a year earlier.

Revenue rose 5.6 percent to 522.6 million pounds, helped by strength at its components business. On a like-for-like basis, revenue slipped 3.9 percent. ($1 = 0.7644 pounds) (Reporting by Justin George Varghese in Bengaluru; Editing by Gopakumar Warrier)

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