Senior's profit rises on higher demand for aircraft parts

March 3 Mon Mar 3, 2014 2:27am EST

March 3 (Reuters) - Senior Plc, a maker of aircraft parts and auto components, reported an 8 percent rise in full-year profit as expansion of the civil aviation sector fuelled an increase in demand for its products.

Senior, which makes hydraulic components, seal assemblies and aircraft wall panels for companies such as GE, Boeing and Airbus, said adjusted pretax profit rose to 98.1 million pounds ($164.4 million) in the year ended Dec. 31 from 91.1 million pounds last year. [ID: nRSC2889Ba]

The Hertfordshire-based company's revenue grew 6 percent to 775.1 million pounds.