Senior sees full-year trading "comfortably" beating its expectations

(Alliance News) - Senior PLC on Wednesday guided full-year performance ahead of its prior expectations, as it reported a "good start" to 2026 trading.

The Hertfordshire, England-based engineering and manufacturing company said revenue grew 2.5% in the first quarter at constant currency, from a year prior.

Within this, Senior said Aerospace revenue advanced 9.7% as it saw "good growth" across civil aerospace. It noted that this included large commercial, regional and business jets and strong defence demand.

By contrast, Flexonics revenue contracted 6.2%, as Senior noted lower petrochemicals sales, but said these were expected.

The company noted that the prior year's period benefited from the large India Catofin project. Senior noted that overall, the division is performing better than it expected owing to higher than anticipated demand for land vehicle products.

Shares in Senior were up 0.1% at 287.25 pence on Wednesday morning in London.

"Whilst we remain mindful of current geopolitical and macroeconomic conditions, based on the strong Aerospace performance and better than expected trading in Flexonics the board now expects full year 2026 trading performance to be comfortably ahead of its previous expectations," said the company.

At Senior's 2025 results in March, Senior said its expects to report "further good progress" for Aerospace in 2026, with it expecting to maintain "robust double-digit margins" for Flexonics.

By Christopher Ward, Alliance News reporter

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