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Essentra expects second-half margin decline at its biggest business

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Essentra expects second-half margin decline at its biggest business

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(Reuters) – Essentra <ESNT.L> expects operating margins at its health and personal care packaging business to decline slightly in the second half of the year after two of its Puerto Rico sites were hit by hurricane Maria last month. The speciality plastics and packaging company said on Monday that partial operations had resumed at the unit’s affected sites on Oct. 2.

(Reporting By Justin George Varghese and Radhika Rukmangadhan in Bengaluru; Editing by David Goodman)
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