Senior plc (GB:SNR) has released an update.
Senior plc has reported a steady start to 2024 with its first quarter trading update showing a 7% year-on-year revenue growth, in line with expectations. The aerospace sector, particularly commercial aerospace, has seen a notable 12% increase, while the Flexonics division has experienced mixed results with a slight 2% decrease due to inventory rebalancing in the upstream oil & gas sector. Overall, the company maintains a positive outlook for the year with anticipated growth across its aerospace and defence platforms.
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