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Senior PLC (SNR.L)

SNR.L on London Stock Exchange

199.40GBp
16 Aug 2019
Change (% chg)

2.90 (+1.48%)
Prev Close
196.50
Open
191.40
Day's High
201.40
Day's Low
191.40
Volume
667,515
Avg. Vol
682,441
52-wk High
330.87
52-wk Low
184.30

Latest Key Developments (Source: Significant Developments)

Senior Expects To Make Progress In Aerospace Unit In H2, Says Monitoring 737 Max Situation Closely
Monday, 5 Aug 2019 02:00am EDT 

Aug 5 (Reuters) - Senior PLC ::SENIOR PLC - HALF-YEAR REPORT.SENIOR PLC - BOARD EXPECTS TO MEET CURRENT EXPECTATIONS FOR 2019.SENIOR PLC - INTERIM DIVIDEND INCREASED BY 4% TO 2.28 PENCE PER SHARE.SENIOR PLC - HALF YEAR 2019 GROUP TRADING IN LINE WITH EXPECTATIONS.SENIOR PLC - TRADING AT GROUP LEVEL IN FIRST HALF OF 2019 HAS BEEN IN LINE WITH EXPECTATIONS.SENIOR PLC - HY GROUP REVENUE INCREASED BY 10.9% TO £580.4M (H1 2018: £523.3M)..SENIOR PLC - OUTLOOK FOR CIVIL AEROSPACE MARKET REMAINS POSITIVE.SENIOR PLC - HY PROFIT BEFORE TAX £26.5M VERSUS £31.4M.SENIOR PLC - SECTOR HAS BEEN IMPACTED BY GROUNDING OF 737 MAX FLEET .SENIOR-FLEXONICS DIVISION END MARKETS LESS CERTAIN, SOMEWHAT DEPENDENT ON MACROECONOMIC AND GEOPOLITICAL FACTORS LIKE TRADE DISCUSSIONS BETWEEN US-CHINA.SENIOR- FLAGS HEADWINDS FROM REPORTED 737 MAX PRODUCTION RATE CUTS AND ONGOING UNCERTAINTY AROUND CURRENT GEOPOLITICAL AND MACRO-ECONOMIC BACKDROP.SENIOR PLC <<>> - OUTLOOK FOR CIVIL AEROSPACE MARKET REMAINS POSITIVE AS NEW, MORE EFFICIENT, AIRCRAFT PROGRAMMES CONTINUE TO RAMP-UP IN PRODUCTION.SENIOR PLC - FOR FLEXONICS DIVISION FOR FULL YEAR WE CONTINUE TO EXPECT MARGIN PROGRESSION IN THIS DIVISION TO OFFSET SALES DECLINE.SENIOR PLC - WE REMAIN ALERT TO IMPACT ANY FINAL BREXIT DEAL WILL HAVE ON MACRO ECONOMIC CONDITIONS.SENIOR PLC - DO NOT ANTICIPATE A SIGNIFICANT DIRECT IMPACT FROM BREXIT ON GROUP'S ACTIVITIES.  Full Article

Senior Says is "Working Hard" To Mitigate Any Likely Impact Following Boeing's Production Cut
Thursday, 25 Apr 2019 02:01am EDT 

April 25 (Reuters) - Boeing Co ::SENIOR PLC - "WORKING HARD" TO MITIGATE ANY LIKELY IMPACT FOLLOWING BOEING'S ANNOUNCEMENT OF A CUT IN PRODUCTION TO RATE 42.SENIOR PLC - SENIOR AEROSPACE AMT IN SEATTLE AREA HAS LARGEST CONTENT WITHIN SENIOR ON 737 MAX.SENIOR PLC - SENIOR AEROSPACE AMT IS ONE BUSINESS IN PARTICULAR THAT IS UNLIKELY TO BE ABLE TO FULLY MITIGATE IMPACT OF A CUT TO RATE 42.SENIOR PLC - AMT LESS ABLE TO FULLY ABSORB LIKELY IMPACT OF 737 MAX PRODUCTION CUTS & THIS WILL HAVE SOME IMPACT ON AEROSPACE MARGINS FOR REST OF 2019.SENIOR PLC - WE ARE EXPECTING SOME IMPACT FROM 737 MAX SITUATION.SENIOR PLC - TAKING ACTION TO REDUCE COSTS ACROSS GROUP & WITH SLIGHTLY LOWER FORECAST TAX RATE, EXPECT ONLY MODEST REDUCTION IN EARLIER EXPECTATIONS.SENIOR PLC - CONTINUE TO MONITOR DEVELOPMENTS ON 737 MAX SITUATION CLOSELY.  Full Article

Senior PLC Anticipates That 2019 Will Be Another Year Of Improvement
Monday, 4 Mar 2019 02:00am EST 

March 4 (Reuters) - Senior PLC ::SENIOR PLC - FULL YEAR DIVIDEND PER SHARE PROPOSED TO INCREASE BY 7%.SENIOR PLC - BOARD ANTICIPATES THAT 2019 WILL BE ANOTHER YEAR OF IMPROVEMENT IN PERFORMANCE FOR GROUP.SENIOR PLC - 2019 TRADING HAS STARTED IN LINE WITH EXPECTATIONS.SENIOR PLC - FY REVENUE £1,082.1M VERSUS £1,023.4M.SENIOR PLC - FY ADJUSTED PROFIT BEFORE TAX INCREASED TO £83.0M (2017 - £73.1M).SENIOR PLC - 2019 TRADING HAS STARTED IN LINE WITH EXPECTATIONS.SENIOR PLC - ASSESSMENT IS THAT ANY DIRECT OR INDIRECT IMPACT FROM BREXIT WILL BE LIMITED AND NOT SIGNIFICANT.  Full Article

Senior ‍Announces New Malaysian Aerospace Facility​
Tuesday, 13 Mar 2018 06:10am EDT 

March 13 (Reuters) - Senior Plc ::‍ANNOUNCES NEW MALAYSIAN AEROSPACE FACILITY​.‍NEW FACILITY WILL COMPLEMENT SENIOR AEROSPACE UPECA'S EXISTING FACILITY AND WILL BE DEVELOPED BY AXIS REAL ESTATE INVESTMENT TRUST ​.  Full Article

Senior Says FY Revenue ‍1.02 Bln Stg Vs. 917 Mln Stg
Monday, 26 Feb 2018 02:00am EST 

Feb 26 (Reuters) - Senior Plc ::FINAL DIVIDEND 4.9 PENCE PER SHARE.FY REVENUE ‍1,023.4​ MILLION STG VERSUS. 917 MILLION STG AS REPORTED YEAR AGO.FY ADJUSTED PROFIT BEFORE TAX ‍73.1​ MILLION STG VERSUS. 75.3 MILLION STG AS REPORTED YEAR AGO.FY ADJUSTED PROFIT BEFORE TAX ‍FULL YEAR DIVIDEND PROPOSED TO INCREASE BY 5.8 PCT​ MILLION STG VERSUS. 75.3 MILLION STG AS REPORTED YEAR AGO.  Full Article

Senior Says Malaysian Unit Secures Multi-Year Spirit Aerosystems Contract
Wednesday, 13 Dec 2017 02:00am EST 

Dec 13 (Reuters) - Senior Plc ::MULTI-YEAR SPIRIT AEROSYSTEMS CONTRACT.UNIT ‍SENIOR AEROSPACE UPECA (MALAYSIA) SECURES FIVE-YEAR CONTRACT WITH SPIRIT AEROSYSTEMS​.  Full Article

Senior announces new contract with Boeing
Monday, 13 Nov 2017 02:00am EST 

Nov 13 (Reuters) - SENIOR PLC ::NEW CONTRACT WITH BOEING.LONG-TERM SUPPLY CONTRACT FROM BOEING TO SUPPLY OXYGEN AND EBU TUBES ON BOEING'S NEXT- GENERATION 737, 737 MAX, 747-8, 767, 767-2C, 777, 777X AND P-8 PLATFORMS.​.‍NEW CONTRACT IS EXPECTED TO SEE UP TO 200,000 TUBES DELIVERED TO BOEING AS STANDARD EQUIPMENT ON THESE AIRCRAFT​.  Full Article

Senior sees 2017 adjusted pretax profit slightly ahead of previous expectations
Monday, 13 Nov 2017 02:00am EST 

Nov 13 (Reuters) - Senior Plc :SENIOR PLC - ‍TRADING IN FOUR MONTHS FROM JULY TO OCTOBER 2017 PERIOD HAS BEEN IN LINE WITH EXPECTATIONS​.SENIOR PLC - ‍IN AEROSPACE DIVISION, REVENUE FOUR MONTHS FROM JULY TO OCTOBER 2017 INCREASED AS ANTICIPATED, DRIVEN BY PRODUCTION RAMP UP​.SENIOR PLC - ‍AS A RESULT OF SALE OF ILKESTON SITE, SENIOR WILL NOT NOW INCUR FULL SITE CLOSURE COSTS​.SENIOR PLC - ‍CONSEQUENTLY, AEROSPACE PERFORMANCE IS ANTICIPATED TO BE SLIGHTLY AHEAD OF PREVIOUS EXPECTATIONS​.SENIOR PLC - ‍EXPECTS GROUP'S 2017 FULL YEAR ADJUSTED PROFIT BEFORE TAX TO BE SLIGHTLY AHEAD OF PREVIOUS EXPECTATIONS, AT CURRENT EXCHANGE RATES​.SENIOR PLC - ‍ANNOUNCES APPOINTMENT OF IAN KING AS ITS CHAIRMAN-DESIGNATE​.  Full Article

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Airlines urge regulators to work together to return 737 MAX to service

PARIS Airlines on Thursday urged global regulators to coordinate on measures needed to bring the grounded 737 MAX jetliner back into service, as Boeing grappled with a new technical glitch and investors sold shares of suppliers over fears of more disruption.