Senior (SNR)

Sector:

Defense and Aeronautics

Index:

FTSE 250

174.00p
   
  • Change Today:
    -0.40p
  • 52 Week High: 181.20
  • 52 Week Low: 152.60
  • Currency: UK Pounds
  • Shares Issued: 419.40m
  • Volume: 21,565
  • Market Cap: £729.76m
  • RiskGrade: 239

Senior trades in line with expectations YTD

By Iain Gilbert

Date: Monday 11 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Manufacturing group Senior said on Monday that trading in the nine months ended 30 September was in line with management expectations.
In Senior's aerospace division sales were around 14% lower on a constant currency basis when including Senior Aerospace Connecticut, which was divested on 22 April, reflecting a reduction in civil aircraft production rates that was only partly offset by growth from defence, semi-conductor equipment and space markets.

In the London-listed firm's flexonics wing, sales grew around 11% year-on-year, on a constant currency basis, with growth from the recovery in heavy-duty truck and off-highway markets being partially offset by a decline in oil and gas and the closure of its flexonics business in Malaysia.

For the period, group revenues were down 7% at £496.0m than the equivalent period in the prior year, part of which was pre-Covid and also included Senior Aerospace Connecticut for the full nine months.

Looking forward, Senior said market demand was "recovering strongly" in both land vehicles and domestic aviation, and defence markets continued to remain "stable".

"This positive recovery in demand has contributed to the well-publicised supply chain constraints that both our customers and Senior are having to weather. Our operating businesses are managing these increasing headwinds diligently and, as a result, the outlook for the group for 2021 remains in line with management's previous expectations," said the firm.

As of 0835 BST, Senior shares were down 1.01% at 166.31p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Senior Market Data

Currency UK Pounds
Share Price 174.00p
Change Today -0.40p
% Change -0.23 %
52 Week High 181.20
52 Week Low 152.60
Volume 21,565
Shares Issued 419.40m
Market Cap £729.76m
RiskGrade 239

Senior Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.99% below the market average88.99% below the market average88.99% below the market average88.99% below the market average88.99% below the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
71.66% above the market average71.66% above the market average71.66% above the market average71.66% above the market average71.66% above the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Income
76.26% below the market average76.26% below the market average76.26% below the market average76.26% below the market average76.26% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
40.28% above the market average40.28% above the market average40.28% above the market average40.28% above the market average40.28% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Senior Dividends

  Latest Previous
  Final Interim
Ex-Div 02-May-24 12-Oct-23
Paid 31-May-24 10-Nov-23
Amount 1.70p 0.60p

Trades for 28-Mar-2024

Time Volume / Share Price
08:21 457 @ 174.00p
08:21 61 @ 174.00p
08:21 352 @ 173.40p
08:21 115 @ 173.40p
08:21 744 @ 173.40p

Senior Key Personnel

Chair Ian King

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