REG - Aurrigo Int PLC - FY25 Trading Update

Aurrigo InternationalAnnouncement

09/02/2026 07:00

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RNS Number : 2068S  Aurrigo International PLC  09 February 2026

9 February 2026

Aurrigo International plc

("Aurrigo" or the "company")

FY25 Trading Update

Strategic milestones achieved, strengthening foundations for future growth

Aurrigo International plc (AIM: AURR), a leading international provider of
transport technology solutions, is pleased to provide an update on trading for
the year ended 31 December 2025.

The Board expects to report revenue of approximately £8.0m (2024: £8.9m),
ahead of rebased expectations, underlining a good performance across both
Group divisions despite a volatile macroeconomic backdrop. Adjusted EBITDA
loss and loss before tax are expected to be in line with expectations,
reflecting improving gross margins, partially offset by modestly higher
operating costs as the company invests in scaling its operations.

The Automotive division delivered a strong recovery in the second half of the
year with volumes stabilising, as anticipated, following a period of
tariff-related disruption impacting UK OEM customers in Q2. As a result of
this recovery, H2 revenues in the Automotive division are c.30% higher than H1
FY25, with full year revenue expected to be £5.4m (2024: £5.9m).

The Autonomous division contributed £2.5m (2024: £2.9m) following continued
progress across core programmes, with certain delivery milestones extending
into the new financial year. Highlights included the launch of Auto-Cargo®,
the company's largest autonomous aviation vehicle to date, the signing of a
strategic partnership with Swissport International AG, one of the world's
largest providers of airport ground and cargo handling services, and further
progress integrating autonomous solutions into mission-critical airport
systems alongside securing new projects. Engagement levels with high-quality
partners remain strong, underpinned by growing industry interest from airports
and ground handlers seeking to improve operational efficiency and resilience.
 

The company ended the year with a robust cash position of £11.5m, ahead of
expectations, reflecting a successful fundraising of £13.8m net in the year,
which also attracted new institutional shareholders alongside the company's
first strategic investor, Nex Gen Mobility, leaving it well-positioned to
support growth initiatives across both divisions.

David Keene, CEO of Aurrigo International, commented:

"I am really proud of the performance of the company, with a full year outturn
ahead of expectations as reset in August, which reflects how closely we work
with customers to support them through uncertain market conditions. The
Automotive division rebounded strongly during the second half of the year, and
the Autonomous division continued to demonstrate the scalability of our
technology through the expansion of high-quality partnerships and increasing
market coverage.

"The launch of our hub strategy at the end of FY25 represents an important
next step, enabling us to concentrate deployments, partnerships and
operational capability in key aviation markets, accelerating customer adoption
and supporting broader market penetration. With a strong cash position and a
clear pipeline of opportunities, we head into 2026 confident in the progress
the company will make."

* The company considers that consensus estimates for the year ended 31
December 2025 are revenue of £7.5m, cash of £11.0m, an adjusted EBITDA loss
of £3.0m and an adjusted loss before tax of £4.0m.

Investor Hub

For more information and the chance to have your questions directly answered
by the management team, please head to our interactive investor hub
via: https://investors.aurrigo.com/link/PQbRGy
(https://investors.aurrigo.com/link/PQbRGy)

 

For further enquiries:

 

 Aurrigo International plc                               +44 (0)2476 635818

 David Keene, Chief Executive Officer

 Ian Grubb, Chief Financial Officer

 Canaccord Genuity (Nominated Adviser and Joint Broker)  +44 (0)20 7523 8000

 Adam James

 Harry Pardoe

 George Grainger

 VSA Capital Limited (Joint Broker)                      +44 (0) 7469 152 119

 Andrew Monk

 Andrew Raca

 Brian Wong

 Alma Strategic Communications                           +44(0)20 3405 0205

 Hilary Buchanan

 Caroline Forde

 Louisa El-Ahwal

 Cucumber PR                                             +44 (0)78 1260 0271

 Russ Cockburn

 

Notes to Editors:

Aurrigo International plc is an international designer and developer of fully
integrated smart airside solutions for the aviation industry, including
automated vehicles, systems and software.

The Group's proprietary, award-winning autonomous technology and secure
management system is supporting some of the world's leading airports.
Customers choose to partner with Aurrigo to transform their baggage and cargo
handling operations, improving safety, operational efficiencies and meeting
sustainability targets, while navigating growing passenger volumes, rising
costs and increasing labour shortages.

Headquartered in Coventry, UK with offices in Singapore, Cincinnati and
Ottawa, the Group has a 32+ year heritage designing and supplying automotive
vehicle OEM's with highly advanced, innovative product and system solutions.
For more information, please visit the Group's website at www.aurrigo.com
(http://www.aurrigo.com/) .

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