Power Probe (AIM:PWR) said in an AGM trading update that trading in 2026 remains encouraging and in line with management's expectations.
The producer of automotive electrical diagnostic tools for professional service technicians said a focus on Power Probe branded products, a higher‑margin private brands business and pricing initiatives that have been well absorbed have supported a strong recovery in gross margin.
And it reiterated that planned new product launches remain on course for the second half with 2026 revenues expected to be second‑half weighted in line with previous guidance.
"We're pleased to report an encouraging start to 2026 with trading in the year to date in line with our expectations," said Chema Garcia, Chief Executive Officer.
The group said it has not experienced any material operational impact from the ongoing conflict in the Middle East to date, as import routes via the Pacific Ocean and Panama Canal have not suffered significant dislocation.
Power Probe will issue a trading update for the first six months of 2026 ahead of publication of its interim results.
