Autins Group (LSE:AUTG), the UK and European automotive acoustic and thermal insulation manufacturer, delivered its first profitable full year since 2017 in the 12 months ended 31 March, with gross margins before non-underlying items rising by more than four percentage points to a record level.
The results cover a 12-month period against a prior reported period of 18 months, making direct headline comparisons impractical; the company provides an unaudited 12-month comparator for FY25 alongside the statutory 18-month figures.
New business awards of £15 million were secured during the year, with the European subsidiaries in Germany and Sweden contributing to growth alongside the UK business, and new products AuDuct and AuTrim expanding the revenue opportunity per vehicle alongside Autins' flagship Neptune melt-blown material.
The group navigated a cyber-attack on its largest UK customer in September 2025, deploying banked hours, tightening raw material ordering and cutting discretionary spend to limit the financial impact while maintaining operational readiness.
No dividend was declared for FY26.
"I am delighted to report that the Group has returned to net profitability for the first time since 2017," said chief executive Andy Bloomer, adding that the business "enters FY27 with promising momentum."
The board reiterated guidance, first issued in a trading update on 5 May, for FY27 revenues of £22 million and profit after tax of £0.8 million, and FY28 revenues of £26 million with PAT of £1.4 million, both in line with market expectations; it also introduced FY29 guidance of £27 million in revenue and PAT of £1.9 million.