UK's Luceco 2025 revenue up 12% on EV charging boost

Luceco

29/01/2026 07:12

Overview

UK electrification products firm reported 2025 revenue up 12%

Adjusted operating profit for 2025 rose 15%, beating top end of market expectations

EV charging sales grew 85% in 2025 to c.£18m

Outlook

Luceco expects 2026 revenue and profit to exceed market consensus

Company sees strong sales momentum and exposure to energy transition sector in 2026

Manufacturing efficiency and acquisition synergies to support margin profile in 2026

Result Drivers

EV CHARGING SALES - Co reported an 85% increase in EV charging sales to c.£18m, contributing to overall revenue growth

MANUFACTURING EFFICIENCIES - Manufacturing efficiency improvements and synergies from acquisitions supported margin expansion

ENERGY TRANSITION FOCUS - Increasing exposure to the energy transition sector underpins positive outlook for 2026

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Debt
GBP 53 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Luceco PLC is GBp190.00, about 34.8% above its January 28 closing price of GBp141.00

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nRSc8109Qa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)