British aerospace supplier Senior sees annual performance above prior estimates
British aerospace supplier Senior sees annual performance above prior estimates July 8 (Reuters) - British aerospace supplier Senior Plc SNR.L on Wednesday forecast its full-year trading performance to be ahead of its previous expectations, citing continued positive momentum across its business in the first half of 2026.
Here are some details:
The FTSE 250-listed engineering firm said both its aerospace and land and defence divisions contributed to the improved trading in the half-year period ended June 30, 2026.
The company has been benefiting from increased production of commercial aircraft, as customers such as Boeing BA.N ramp up output, alongside higher defence spending and improved pricing.
Senior's outlook upgrade follows an earlier trading update in April where the company had flagged positive momentum as well.
Senior is scheduled to report its half-year results on August 3, 2026.
Senior is set to be acquired by a consortium of Tinicum and Blackstone BX.N in a £1.4 billion ($1.87 billion) deal announced earlier this year.
($1 = 0.7483 pounds)
(Reporting by Anushka Chourasia in Bengaluru; Editing by Sherry Jacob-Phillips)