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Senior plc Focuses on Fluid Conveyance and Thermal Management with Strategic Divestment

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Senior plc Focuses on Fluid Conveyance and Thermal Management with Strategic Divestment

Senior plc ( (GB:SNR) ) has shared an announcement.

Senior plc announced its strategic focus on becoming a leading pure-play fluid conveyance and thermal management business by divesting its Aerostructures division. The company aims to enhance shareholder value through improved financial targets, including higher operating margins and cash conversion rates, while prioritizing organic growth and a progressive dividend policy.

More about Senior plc

Senior plc is a FTSE 250 international engineering and manufacturing group with operations in 12 countries, listed on the London Stock Exchange. The company designs and manufactures high technology components and systems for the aerospace & defence, land vehicle, and power & energy markets, focusing on sustainable engineering solutions.

YTD Price Performance: 1.25%

Average Trading Volume: 840,152

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £670.8M

Learn more about SNR stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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