Finance
Senior lifts annual profit view for second time on aerospace business strength
Published by Global Banking & Finance Review®
Posted on January 22, 2026
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 22, 2026
2 min readLast updated: January 22, 2026
Senior Plc anticipates higher annual profits driven by strong aerospace sector performance, surpassing previous forecasts.
Jan 22 (Reuters) - British engineering firm Senior raised its annual profit outlook for the second time in two months on Thursday, citing a stronger-than-expected performance in its aerospace business, sending its shares to a more than seven-year high.
Shares of the company were up 8.3% at 247 pence, as of 0809 GMT, hitting their highest point since November 2018.
Senior, which supplies parts to aircraft makers Boeing and Airbus, has benefitted from increased production of commercial aircraft along with higher defence spending and better pricing.
The company did not provide a forecast, only to say that its outlook was "comfortably above previous expectations".
Analysts on average expect an adjusted pretax profit of 44.7 million pounds ($60.03 million) for the year ended December 2025, according to LSEG data. Senior had reported a profit of 33 million pounds for the previous year.
In November, the FTSE-250 company had said full-year profit would be ahead of expectations on robust sales in its Aerospace and Flexonics divisions.
Senior said on Thursday trading in 2026 had started well.
The company has taken significant action and reduced its cost base for some operations at Flexonics, which focuses on fluid conveyance and thermal management technologies, in demanding industrial environments.
($1 = 0.7446 pounds)
(Reporting by Yadarisa Shabong and Rishab Shaju in Bengaluru; Editing by Subhranshu Sahu)
Profit is the financial gain obtained when the revenue generated from business activities exceeds the costs and expenses associated with those activities.
A financial outlook is a projection of a company's future financial performance, including expected revenues, profits, and overall economic conditions.
The aerospace sector encompasses the design, manufacture, and maintenance of aircraft, spacecraft, and related systems and equipment.
Corporate profits refer to the net income that a company earns after all expenses, taxes, and costs have been deducted from total revenue.
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