REG - Senior PLC - Senior plc - Q1 Trading Update

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RNS Number : 3868B  Senior PLC  22 April 2026

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22 April 2026

Senior plc: Q1 Trading Update

Senior plc ("Senior" or the "Group"), an international manufacturer of high
technology components and systems, today issues this trading update for the
first quarter ended March 2026 (the "Period").

Good start to 2026, full year performance anticipated to be above the Board's
previous expectations

 •    Strong performance in Aerospace, sustaining the good momentum from 2025
 •    Flexonics performed ahead of expectations, helped by better than expected
      demand in land vehicles
 •    Full year 2026 trading performance expected to be comfortably better than the
      Board's previous expectations

Trading Update and Outlook

Good trading performance in the first quarter of 2026.

Group revenue increased by 2.5% compared to prior year on a constant currency
basis.

 •    Aerospace revenue increased by 9.7% driven by good growth across civil
      aerospace, including large commercial, regional and business jets, as well as
      strong defence demand.
 •    Flexonics revenue decreased by 6.2% mainly due, as anticipated, to lower
      petrochemical sales compared to the prior year, which benefitted from the
      large India CATOFIN project.  Overall, Flexonics trading is better than
      previously expected due to higher than anticipated demand for land vehicle
      products.

Whilst we remain mindful of current geopolitical and macroeconomic conditions,
based on the strong Aerospace performance and better than expected trading in
Flexonics the Board now expects full year 2026 trading performance to be
comfortably ahead of its previous expectations.

Half year results

Senior will present its interim results announcement for the half year ending
30 June 2026 on Monday 3 August 2026.

Notes

The Group's principal foreign exchange translation exposure is to the US
Dollar.  Our current assumption is that the average US Dollar to Pound
Sterling exchange rate for the full year 2026 is $1.35.

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

About Senior

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.  These
statements may (without limitation) relate to the Group's operations,
performance, business strategy, prospects, market trends and/or financial
condition.  By their nature, forward-looking statements may be affected by or
involve a number of risks, uncertainties and assumptions and actual results or
events may differ materially from those expressed or implied by those
statements.  Accordingly, no assurance can be given that any particular
expectation will be met or proved accurate and reliance shall not be placed on
any forward-looking statement.  Additionally, forward-looking statements
regarding past trends or activities shall not be taken as a representation
that such trends or activities will continue in the future.  All
forward-looking statements included or incorporated by reference within this
Update are qualified by the cautionary statement contained in this section.
The information contained in this Update is subject to change without notice
and no responsibility or obligation is accepted to update or revise any
forward-looking statement resulting from new information, future events or
otherwise.  Nothing in this Update shall be construed as a profit forecast.

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