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UK's Senior Logs 20% Rise in Annual Profit on Strong Aerospace Demand

March 2 (Reuters) - British engineering firm Senior reported a 20% rise in annual adjusted operating profit on Monday, citing robust demand and improved pricing for aerospace components.

Senior, which builds and supplies components to aircraft manufacturers including Boeing and AirBus, said last week that it had received several takeover offers.

The company said trading had started well in the first two months of 2026 and that expectations were unchanged for the rest of the year.

Senior reported adjusted operating profit of 63.6 million pounds ($85.11 million) for the year ended December 31, compared with 53 million pounds in the prior year.

($1 = 0.7473 pounds)

Reporting by Simone Lobo in Bengaluru; Editing by Mrigank Dhaniwala and Subhranshu Sahu

Source: Reuters


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