Senior's profit rises on higher demand for aircraft parts
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.
- Obama unveils U.S. immigration reform, setting up fight with Republicans |
- More arrests as protesters await Ferguson grand jury decision
- U.S., Iran in last-ditch bid to clinch historic nuclear deal
- 'Immoral, but not illegal': metal warehousing games in the spotlight
- Exclusive: U.S. increasing non-lethal military aid to Ukraine