Essentra plc announced unaudited net debt results for the year ended December 31, 2016. The company's draft management accounts indicate net debt as at 31 December 2016 of approximately £380 million against £374 million a year ago, at the closing exchange rates of USD 1.24/£ and €1.17/£, better than expectations and partly driven by improvements in the company's working capital position.

For the 2016, the company expects adjusted operating profit to be at, or modestly below, the bottom end of the company's previously communicated guidance of £137 million to £142 million.