At a glance

At a glance

Senior is an international, market-leading, engineering solutions provider with 26 operating businesses in 12 countries.

Senior designs and manufactures high-technology components and systems for the principal original equipment manufacturers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group is split into two divisions, Aerospace and Flexonics, servicing five key sectors.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework. Our vision is to be a trusted and collaborative high value-added engineering and manufacturing company producing sustainable growth in operating profit, cash flow and shareholder value.

Financial Headlines

£501.4m

Revenue

(H1 2023 – £482.3m)

5.0%

Adjusted operating margin

(H1 2023 – 4.7%)

£18.4m

Adjusted profit before tax

(H1 2023 – £17.6m)

£22.8m

Profit before tax

(2022 - £22.4m)

3.55p

Adjusted earnings per share

(H1 2023 – 3.53p)

7.52p

Basic earnings per share

(2022 – 4.86p)

2.30p

Dividend per share %

(2022 – 1.30p)

7.1%

Return on capital employed

(2022 – 4.7%)

£3.0m

Free cash flow

(H1 2023 – £(11.8)m)

£203.8m

Net debt

(2022 - £178.9m)


AEROSPACE


FLEXONICS

Senior Aerospace provides high technology products and systems for demanding applications in aerospace & defence and adjacent markets. Our product portfolio spans a wide range of fluid conveyance and thermal management components and sub-systems, as well as complex structural parts and assemblies, for fixed-wing and rotary aircraft, aero-engines, spacecraft and a variety of other industrial applications. Senior Flexonics provides high technology products and systems for demanding applications in land vehicle, power & energy and adjacent markets. Our product portfolio spans a wide range of fluid conveyance and thermal management components & sub-systems, as well as complex precision-machined parts, for conventional and advanced land vehicle propulsion systems, petrochemical, renewable energy and a variety of other industrial applications.

£616.5m

Revenue
(2022 - £553.0m)(1)

£348.0m

Revenue
(2022 - £294.9m)(1)

£27.0m

Adjusted operating profit
(2022 – £20.3m)(1)

£37.5m

Adjusted operating profit
(2022 – £25.3m)(1)

4.4%

Adjusted operating margin
(2022 – 3.7%)(1)

10.8%

Adjusted operating margin
(2022 – 8.6%)(1)

(1)2022 results translated using 2023 average exchange rates – constant currency.