Senior (LSE:SNR) expects full-year 2026 trading to be comfortably ahead of its previous expectations after a strong start to the year.
Group revenue in the first quarter rose 2.5% on a constant currency basis. Aerospace revenue increased 9.7%, driven by growth across large commercial, regional and business jets and stronger defence demand. Flexonics revenue fell 6.2%, mainly reflecting lower petrochemical sales following the prior-year India CATOFIN project, although demand for land-vehicle products left Flexonics trading better than previously anticipated.
"Full year 2026 trading performance expected to be comfortably ahead of the Board's previous expectations," Senior added.
The board said it remains mindful of geopolitical and macroeconomic risks. Senior’s principal translation exposure is to the US dollar, and it is assuming an average $1.35 to the pound for 2026.
Senior will publish interim results for the half-year ending 30 June on 3 August.
