Senior plc ( (GB:SNR) ) has issued an update.
Senior plc reported its financial results for the year ending December 31, 2024, highlighting a 4% increase in group sales and a 5% rise in adjusted operating profit. The company is progressing with the sale of its Aerostructures business, aligning with its strategy to focus on fluid conveyance and thermal management. Notable achievements include strong cash performance, significant contract wins in Aerospace and Flexonics divisions, and a 135% growth in Spencer sales since acquisition. The Board anticipates good growth in 2025, driven by increased aircraft build rates and improved contract pricing, with a final dividend increase reflecting confidence in future prospects.
More about Senior plc
Senior plc is a FTSE 250 international manufacturing group with operations in 12 countries, listed on the London Stock Exchange. The company focuses on fluid conveyance and thermal management solutions, aiming to support the transition to a sustainable world.
YTD Price Performance: 1.25%
Average Trading Volume: 840,152
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £670.8M
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