Picture of Senior logo

SNR Senior News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsBalancedMid CapHigh Flyer

REG - Senior PLC - Post-Close Trading Update

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260122:nRSV8594Pa&default-theme=true

RNS Number : 8594P  Senior PLC  22 January 2026

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR
FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION

22 January 2026

Senior plc: FY25 Post-Close Trading Update

Results ahead of expectations, continued good strategic progress

Senior plc ("Senior" or the "Group"), an international manufacturer of high
technology components and systems, today issues this trading update for the
year ended 31 December 2025 (the "Period") for the Group's continuing
operations.

Strong performance ahead of expectations

Following the November trading update we have seen stronger than expected
trading, notably in Aerospace, such that we now expect full year adjusted
profit before tax((1)) to be comfortably above previous expectations.

Since the trading update, we have taken action and reduced our cost base in
certain Flexonics operations.  The related restructuring costs are treated as
adjusting items and will be announced at our full year results.

As a result, the Board anticipates full year 2025 Group performance to be
comfortably above previous expectations.  While it is still early in the
year, trading in January 2026 has started well.

Strengthened balance sheet

The initial cash proceeds from the sale of the Aerostructures business along
with strong cash generation has supported deleveraging, with net debt
anticipated to be below £80m (pre- IFRS 16) at the end of FY25 (FY24:
£153m).  FY25 leverage is expected to be below 1.0x net debt to EBITDA (pre-
IFRS 16) down from 1.8x at the end of 2024.

In addition, the Group completed a Buy-In transaction on its UK defined
benefit pension scheme in FY25 which has de-risked the balance sheet.

The Group will publish its full year results for the year ended 31 December on
2 March 2026.

Notes

((1))  We measure Group performance on an adjusted basis, which excludes
items that do not directly reflect the underlying trading performance in the
period.

The Group's principal foreign exchange translation exposure is to the US
Dollar.  The average US Dollar to Pound Sterling exchange rate for the
full-year 2025 was $1.31.

All FY25 figures are subject to audit.

The information contained within this announcement is deemed by Senior to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No.596/2014 (as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018).  On the publication of this
announcement via a Regulatory Information Service, such information is now
considered to be in the public domain.  For the purposes of MAR, this
announcement is being made on behalf of Senior by Andrew Bodenham, Company
Secretary.

Further information

 Tom Bindloss           Director of Investor Relations & Treasury, Senior plc      +44 (0) 1923 714 743
 Richard Webster-Smith  FGS Global                                                 +44 (0) 7796 708 551

Senior is a FTSE 250 international engineering and manufacturing Group with
operations in 10 countries.  It is listed on the main market of the London
Stock Exchange (symbol SNR).  Senior's Purpose is "we help engineer the
transition to a sustainable world for the benefit of all our stakeholders".
Senior designs and manufactures high technology components and systems for the
principal original equipment producers in the worldwide aerospace &
defence, land vehicle and power & energy markets.  Further information on
Senior plc may be found at: www.seniorplc.com

Cautionary Statement

This Trading Update contains certain forward-looking statements.  Such
statements are made by the Directors in good faith based on the information
available to them at the time of their approval of this Update and they should
be treated with caution due to the inherent uncertainties, including both
economic and business risk factors, underlying any such forward-looking
information.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTKFLFLQFLFBBF



            Copyright 2019 Regulatory News Service, all rights reserved

Recent news on Senior

See all news