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RNS Number : 2662I Senior PLC 20 November 2025
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20 November 2025
Senior plc: Ten-month Trading Update
Senior plc ("Senior" or the "Group"), an international manufacturer of high
technology components and systems, today issues this trading update for the
ten-month period ended October 2025 (the "Period") for the Group's continuing
operations.
Healthy trading in the Period, full year performance anticipated to be
comfortably above the Board's previous expectations
● Strong performance in Aerospace
● Flexonics continues to outperform end markets, with performance now expected
to be slightly better than 2024
● The Board anticipates full year Group performance to be comfortably above
previous expectations
Continuing Group Trading Update & Full Year Outlook
Senior delivered a strong trading performance in the Period. Group revenue
increased by 5.9% year-on-year on a constant currency basis, with Aerospace
sales increasing 9.4% and Flexonics growing by 1.5%.
Aerospace growth is being driven by increasing production rates of commercial
aircraft, higher defence spending and improved pricing, which we expect to
continue for the full year and beyond. In Flexonics, aftermarket demand for
our nuclear and downstream oil & gas products remains robust, and we have
continued to outperform land vehicle markets, which have softened in the
second half of the year as anticipated and are predicted to remain soft in
2026. Based on Flexonics Division trading in the Period, we now expect
Flexonics 2025 performance to be slightly better than 2024.
With the continuing strong performance in Aerospace, and improved trading in
Flexonics, the Board anticipates overall Group performance for the full year
to be comfortably ahead of previous expectations. The Group is executing on
its strategy effectively and we are on track to deliver our medium-term
financial targets.
Aerostructures Trading (Discontinued Operations)
The sale of our Aerostructure business is progressing well and we are still
aiming to complete by the end of 2025. We were pleased to see the extended
US Government shutdown ending, as that had delayed regulatory approval
progress.
Aerostructures trading performance in the Period continued to improve on a
year-on-year basis. We remain fully committed to delivering the maximum
possible value to shareholders under the earn-out structure, which is tied to
2025 EBITDA performance. Whilst we continue to make progress, certain
external supply-chain disruptions are impacting deliveries. We are
diligently working with suppliers and customers to mitigate the impact and
position the business to optimise the earn-out outcome.
Full year results
Senior will present its full year results announcement for the year ending 31
December 2025 on Monday, 2 March 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 2025 is $1.31.
EBITDA, in the context of the performance of Aerostructures, is defined as
adjusted profit before tax and before interest, depreciation, amortisation and
profit or loss on sale of property, plant and equipment.
Conference call details
A conference call for investors and analysts will be held at 09:30 GMT on
Thursday, 20 November 2025.
Operator Assisted Dial-In:
United Kingdom (Local): +44 20 3936 2999
United Kingdom (Toll-Free): +44 808 189 0158
Global Dial-In Numbers
(https://www.netroadshow.com/events/global-numbers?confId=92299)
Access Code: 622304
Further information
Gulshen Patel Director of Investor Relations & Corporate Communications, Senior plc +44 (0) 1923 714 722
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 12 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 (http://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.
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