Senior (SNR) Q1 2026 TU earnings summary

Executive summary

• Q1 2026 trading performance was strong, with full-year results now expected to exceed previous Board expectations.

• Aerospace segment maintained strong momentum from 2025, contributing significantly to growth.

• Flexonics outperformed expectations due to higher demand in land vehicles, despite anticipated lower petrochemical sales.

Financial highlights

• Group revenue rose by 2.5% year-over-year on a constant currency basis in Q1 2026.

• Aerospace revenue increased by 9.7% year-over-year, driven by growth in civil aerospace and strong defense demand.

• Flexonics revenue declined by 6.2% year-over-year, mainly due to lower petrochemical sales after a large prior-year project.

Outlook and guidance

• Full-year 2026 trading performance is now expected to be comfortably ahead of previous Board expectations.

• The Board remains cautious of geopolitical and macroeconomic risks but is optimistic due to strong segment performance.

• Interim results for the half year ending 30 June 2026 will be announced on 3 August 2026.