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Senior delivers 'good start' to FY26
(Sharecast News) - High technology components manufacturer Senior said on Wednesday that it had delivered a "good start to 2026", with the firm's full year performance now anticipated to be above previous expectations. Senior said constant currency group revenues increased 2.5% year-on-year in the first quarter, with aerospace revenue up 9.7%, driven by good growth across civil aerospace, while flexonics revenues decreased a better-than-expected 6.2%, as lower petrochemical sales were partially offseet by higher than anticipated demand for land vehicle products.
Looking forward, the FTSE 250-listed firm stated that whilst it remains mindful of current geopolitical and macroeconomic conditions, group FY26 trading was now expected to be "comfortably ahead" of previous guidance thanks to its "strong" aerospace performance and better-than-expected flexonics outcome.
Senior will report its interim results on 3 August.
As of 0815 BST, Senior shares were up 0.29% at 287.83p.
Reporting by Iain Gilbert at Sharecast.com
See latest RNS at Investegate
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