Senior (SNR) Trading Update summary

Trading performance

• Book to bill ratio reached 1.34, indicating strong demand and order intake.

• Group revenue grew 3% year-on-year on a constant currency basis, with aerospace up 4% and Flexonics stable.

• Civil aerospace drove aerospace growth, while Flexonics saw strong downstream oil & gas offsetting weaker upstream sales.

Tariffs and macroeconomic impact

• Direct impact of announced tariffs is limited and manageable for the business.

• Ongoing monitoring of broader macroeconomic risks to market sectors remains a priority.

Aerostructures business update

• Sale process for Aerostructures business is progressing well, with detailed discussions ongoing.

• Targeting Aerostructures operating profit of £9m–£11m for 2025, with most profit expected in H2.