Increase in Half-Year Profit and Revenue from Continuous Operations at Senior Plc, leading to an enhancement of the Interim Dividend
Senior Plc Reports Strong Half-Year Results and Announces Interim Dividend Increase
Senior Plc, a leading manufacturer of high technology components and systems, has announced impressive half-year results for the period ending June 30, 2025. The company reported a significant increase in profits and revenues, driven primarily by the performance of its Aerospace and Flexonics divisions.
The company's adjusted pre-tax profit rose by 13 percent, reaching 25.3 million pounds. On an adjusted basis, six-month profit from continuing operations amounted to 21.0 million pounds or 5.07 pence per share. This growth was also reflected in the company's revenues, which increased by 13 percent, reaching 371.2 million pounds.
In light of these strong results, Senior Plc has decided to increase its interim dividend for the first six months. The dividend was raised by 13 percent to 0.85 pence per share, marking a significant boost from the prior-year period's 0.75p.
Regarding the interim dividend for the first half of 2025, it was declared at 0.85 pence per share and is expected to be paid in line with the usual timetable following the announcement on August 4, 2025. Although the exact payment date is not specified, interim dividends are typically paid a few weeks after the announcement, suggesting payment should occur in late August or early September 2025.
Looking ahead, the outlook for Senior Plc's Aerospace division in fiscal 2025 remains positive. Sales and profitability have grown in the first half of the year, and the full-year outlook remains unchanged. The Flexonics division also delivered strong results that outperformed end markets, with the full-year outcome expected to be broadly similar to 2024.
It's worth noting that Senior has entered an agreement to sell its Aerostructures division, with completion expected by the end of 2025. The company has a robust balance sheet before paying down some debt post-completion.
In conclusion, Senior Plc's strong half-year results and increased interim dividend underscore the company's continued growth and financial strength. The positive outlook for the Aerospace division, coupled with the expected stability in the Flexonics division, bodes well for the company's future performance.
The impressive half-year results of Senior Plc, including a 13 percent increase in pre-tax profit and a 13 percent rise in interim dividend, demonstrate the company's robust financial performance in both the business and finance sectors. With the strong anticipated performance of the Aerospace division, Senior Plc remains optimistic about its future growth in the business world.
