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Investing.com -- Senior PLC (LON:SNR) on Thursday delivered a strong 10-month trading update on Thursday, with management upgrading full-year profit expectations following better-than-expected performance in its Flexonics division and continued strength in Aerospace.
The engineering solutions provider reported 5.9% year-over-year sales growth in constant currency terms for the period ending October 2025, up from 5% growth in the first half of the year.
The company’s Aerospace division was particularly strong, posting 9.4% constant currency sales growth, a significant improvement from the 7.2% growth seen in the first half. This performance was driven by increased commercial aircraft production rates, greater defense spending, and improved pricing.
Senior’s Flexonics division achieved 1.5% constant currency growth, down slightly from 2.3% in the first half. The division saw robust aftermarket demand in Nuclear and downstream Oil & Gas sectors, while continuing to outperform its Land Vehicle markets, which have softened in the second half of 2025 as anticipated.
Management now expects the group’s full-year 2025 profit before tax and amortization to be "comfortably above previous expectations." Analysts anticipate high single-digit percentage upgrades to the current consensus estimate of £40 million.
The planned sale of the Aerostructures business is progressing well, with completion still expected by the end of 2025, despite delays in the regulatory approval process caused by the U.S. government shutdown. The company noted that trading in this division continues to improve year-over-year.
Looking ahead, Senior reaffirmed it remains on track to deliver its medium-term targets. The company expects positive trends and strong growth in Aerospace to continue into year-end and into 2026, driven by volume growth and pricing benefits.
For Flexonics, despite some end market weakness in the second half of 2025, management now guides for the full-year performance to be slightly ahead year-over-year, though Land Vehicle softness is expected to continue into 2026.