AGM Trading Update
Summary by AI BETAClose X
17 September 2025
Autins Group plc
(the "Company" or the "Group")
AGM Trading Update
Autins Group plc (AIM: AUTG), the UK and European based manufacturer of our proprietary Neptune melt-blown material and specialist in the design, manufacture, and supply of acoustic and thermal insulation solutions, announces a trading update in advance of its 2025 Annual General Meeting being held later today.
As detailed in the Company's Final Results, the Company's "Survive and Thrive" strategy has been embedded within the business with positive results. The Company has focussed on winning new business in the UK and Germany, and cost control and efficiency improvements, which have resulted in materially reduced losses in recent months.
In the first five months of the financial year ending 31 March 2026, the Group has achieved revenues of £7.7m (vs £8.0m in the equivalent period) and a net loss before tax of £258k (vs a net loss before tax of £714k).
The automotive industry continues to see volatile trading conditions as a result of delayed new model introduction, confusion over government legislation and changing trade tariffs. Further, following its recent cyber incident, JLR, the Group's major customer, stopped all production in the UK on 1 September, which has had a material effect on the Group's UK operations. The Company remains in dialogue with JLR, and awaits further guidance from JLR regarding the recommencement of production.
In the interim, Autins has taken proactive measures to reduce the Group's exposure to this incident, including the utilisation of our banked hours system for employees, delaying or cancelling our raw material orders and pausing discretionary spend across the business.
The Company will provide further updates as the position with JLR, and financial impact on Autins, becomes clearer over the coming weeks.
Andy Bloomer, Chief Executive Officer, said:
"Despite the headwinds faced by the Automotive industry our "Survive and Thrive" model has continued to deliver improving results, as seen in our material reduction in net loss for the period to 31 August 2025.
The JLR cyberattack is concerning not just for Autins, but the wider automotive supply chain the true impact of which will not be known for some time. Autins is doing everything possible to protect our business now and ensure we are ready to benefit as we come out the other side."
For further information please contact:
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Autins Group plc Andy Bloomer, Chief Executive Adam Attwood, Chairman
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Via Singer Capital Markets |
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Singer Capital Markets (Nominated Adviser and Broker) Asha Chotai James Todd
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Tel: 020 7496 3000 |
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About Autins
Autins is a UK and continental Europe based industrial materials technology business that specialises in the design, manufacture, and supply of acoustic and thermal products. Its key markets are automotive, flooring, office furniture and commercial vehicles where it supplies products and services to more than 160 customer locations across Europe.
Autins is the UK and European manufacturer of the proprietary Neptune melt-blown material and specialises in the design, manufacture, and supply of acoustic and thermal insulation solutions.
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