Senior plc - Q1 Trading Update

Senior PLC

22 April 2026

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

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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	[phone]
Richard Webster-Smith	FGS Global	[phone]

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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