REG - Chesterfield Special - Trading Update & Notice of FY25 Results
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RNS Number : 1081E Chesterfield Special Cylinders Hdgs 21 October 2025
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the UK version of the EU
Market Abuse Regulation (2014/596) which is part of UK law by virtue of the
European Union (Withdrawal) Act 2018, ("MAR"), and is disclosed in accordance
with the Company's obligations under Article 17 of MAR. Upon the publication
of this announcement via a Regulatory Information Service, this inside
information will be considered to be in the public domain.
21 October 2025
Chesterfield Special Cylinders Holdings plc
(the "Company")
Trading Update & Notice of FY25 Results
Chesterfield Special Cylinders Holdings plc (AIM: CSC) is pleased to provide a
trading update for the 52 weeks to 27 September 2025 ("FY25").
The Company expects to report FY25 full-year adjusted EBITDA(*) ahead of
market expectations at approximately £0.8m (FY24: adj. EBITDA loss of £0.9m)
on revenue of approximately £16.5m (FY24: £14.8m) and a closing net cash(**)
position of £2.1m (FY24: net borrowings of £0.9m).
Strong growth from overseas defence contracts secured in the first half of the
year offset lower revenue from UK naval new build contracts nearing
completion, with record full-year revenue performances from UK naval Integrity
Management deployments and hydrogen contracts.
A robust defence order book and significant opportunities in the UK hydrogen
market, where the Company is actively engaged with key developers regarding
new build contracts for hydrogen storage and transport systems, underpin a
positive outlook for further earnings growth in FY26.
The Company expects to release its FY25 preliminary results on Thursday 18
December.
* Adjusted EBITDA is earnings before interest, tax, depreciation,
amortisation and other exceptional costs
** Net cash / borrowing is calculated as total borrowings less cash and
cash equivalents, and excludes asset finance leases and right of use asset
leases
Additional Information
The person responsible for arranging release of this announcement on behalf of
the Company is Chris Walters, Chief Executive.
For further information, please contact:
Chesterfield Special Cylinders Holdings plc Tel: 0333 015 0710
Chris Walters, Chief Executive company.secretary@csc-holdings.com
(file:///G%3A/Shared%20drives/PT%20-%20Group%20Finance/Statutory%20Accounts/2025/Interims/RNS/company.secretary@csc-holdings.com)
Singer Capital Markets (Nomad and Broker) Tel: 0207 496 3000
Rick Thompson / Asha Chotai
COMPANY DESCRIPTION
www.csc-holdings.com (http://www.csc-holdings.com) and
www.chesterfieldcylinders.com
(file:///C%3A/Users/chris.walters/Downloads/www.chesterfieldcylinders.com)
Chesterfield Special Cylinders is a world-leading designer and manufacturer of
high-pressure gas storage and transportation systems, used principally in
safety-critical defence and hydrogen energy applications, and provides
inspection, testing and recertification services throughout the system
lifecycle.
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