REG - Autins Group PLC - AGM Trading Update

AutinsAnnouncement

17/09/2025 07:00

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RNS Number : 5904Z  Autins Group PLC  17 September 2025

17 September 2025

 

Autins Group plc

(the "Company" or the "Group")

 

AGM Trading Update

 

Autins Group plc (AIM: AUTG), the UK and European based manufacturer of our
proprietary Neptune melt-blown material and specialist in the design,
manufacture, and supply of acoustic and thermal insulation solutions,
announces a trading update in advance of its 2025 Annual General Meeting being
held later today.

 

As detailed in the Company's Final Results, the Company's "Survive and Thrive"
strategy has been embedded within the business with positive results. The
Company has focussed on winning new business in the UK and Germany, and cost
control and efficiency improvements, which have resulted in materially reduced
losses in recent months.

 

In the first five months of the financial year ending 31 March 2026, the Group
has achieved revenues of £7.7m (vs £8.0m in the equivalent period) and a net
loss before tax of £258k (vs a net loss before tax of £714k).

 

The automotive industry continues to see volatile trading conditions as a
result of delayed new model introduction, confusion over government
legislation and changing trade tariffs. Further, following its recent cyber
incident, JLR, the Group's major customer, stopped all production in the UK on
1 September, which has had a material effect on the Group's UK operations. The
Company remains in dialogue with JLR, and awaits further guidance from JLR
regarding the recommencement of production.

 

In the interim, Autins has taken proactive measures to reduce the Group's
exposure to this incident, including the utilisation of our banked hours
system for employees, delaying or cancelling our raw material orders and
pausing discretionary spend across the business.

 

The Company will provide further updates as the position with JLR, and
financial impact on Autins, becomes clearer over the coming weeks.

 

 

Andy Bloomer, Chief Executive Officer, said:

 

"Despite the headwinds faced by the Automotive industry our "Survive and
Thrive" model has continued to deliver improving results, as seen in our
material reduction in net loss for the period to 31 August 2025.

 

The JLR cyberattack is concerning not just for Autins, but the wider
automotive supply chain the true impact of which will not be known for some
time.  Autins is doing everything possible to protect our business now and
ensure we are ready to benefit as we come out the other side."

 

 

For further information please contact:

 Autins Group plc

 Andy Bloomer, Chief Executive    Via Singer Capital Markets

 Adam Attwood, Chairman

 Singer Capital Markets           Tel: 020 7496 3000

 (Nominated Adviser and Broker)

 Asha Chotai

 James Todd

 

About Autins

 

Autins is a UK and continental Europe based industrial materials
technology business that specialises in the design, manufacture, and supply of
acoustic and thermal products. Its key markets are automotive, flooring,
office furniture and commercial vehicles where it supplies products and
services to more than 160 customer locations across Europe.

Autins is the UK and European manufacturer of the proprietary Neptune
melt-blown material and specialises in the design, manufacture, and supply of
acoustic and thermal insulation solutions.

 

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