Devro plc (DEITF)
Devro plc operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Chryston, GB. The stock last traded at $3.94, up 40.21% on the session, giving a market capitalisation of $673.3M. On trailing twelve-month figures it carries a trailing P/E of 17.32, a net margin of 12.3%. Its beta of 0.94 implies it has historically moved less than the broad market.
Established in 1991 and based in Chryston, United Kingdom, Devro plc and its associated companies are key manufacturers and suppliers of collagen casings. The company provides a diverse range of products, including edible and non-edible collagen casings, films, and plastic casings, all essential for the production of various meat products, especially sausages. Devro reaches food manufacturers worldwide through an extensive network of distributors and agents, operating across numerous international markets. These markets encompass Latin America, Russia and Eastern Europe, the Middle East and Africa, Southeast Asia, China, North America, Continental Europe, Ireland, Japan, Australia, and New Zealand.
Devro plc is most often compared with the following Consumer Defensive names: