Senior plc

Senior plc is the holding company for a global group of firms in the manufacturing and engineering industries, headquartered in Rickmansworth, England. The Company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Senior plc

Company type	Public
Traded as	LSE: SNR
Industry	Manufacturing
Founded	1933
Headquarters	Rickmansworth, England, UK
Key people	Ian King (Chairman) David Squires (CEO)
Products	Components and systems for vehicle and aerospace manufacturers and energy producers
Revenue	£977.1 million (2024)[1]
Operating income	£40.3 million (2024)[1]
Net income	£25.9 million (2024)[1]
Number of employees	6,779 (2024)[1]
Website	www.seniorplc.com

History

Senior was originally established in 1933 by a group of former employees of Green's Economisers Ltd. as a rival concern.^[2] The company was listed on the London Stock Exchange as Senior Economisers Limited in 1947.^[2]

It acquired GAMFG Precision LLC, a manufacturer of machined components and assemblies for the off-road land vehicle and aerospace markets, for US$45.0 million in 2012.^[3]

It then bought Atlas Composites, a manufacturer of composite structures and tooling in 2013.^[4] It also bought Thermal Engineering, a supplier of high temperature lightweight aerospace components, for £22 million in 2013.^[5]

It bought UPECA Technologies, a Malaysian-based manufacturer of high-precision engineered components serving the aerospace and energy sectors, in 2014.^[6]

It acquired Lymington Precision Engineering, a manufacturer of precision-machined components, fabrications, assemblies and kit sets, for a minimum of £45.8 million in 2015.^[7] It also bought Steico Industries, a manufacturer of precision tube and duct assemblies for the commercial and defence aerospace industries, for £59 million in 2015.^[8]

In June 2021 the company rejected a $1.2 billion buyout offer from US private-equity firm Lone Star.^[9]

Operations

Senior's constituent companies are grouped in two divisions: Aerospace, which manufactures components and systems for clients in the aerospace industry; and Flexonics, which primarily supplies the automotive and energy industries.^[10]

Financial information

High Street, Rickmansworth: Senior plc's head office is the modern building in the background

Financial results have been as follows:^[1]

Senior plc financial results.

Year to December	Revenue (£million)	EBIT (£m)	Net profit (£m)	Earnings per share (p)
2024	977.1	40.3	25.9	6.3
2023	963.5	37.9	31.1	7.5
2022	848.4	32.5	20.2	4.9
2021	658.7	10.5	24.2	5.8
2020	733.6	(177.3)	(158.5)	(38.2)
2019	1,110.7	61.6	29.2	7.0
2018	1,082.1	69.9	50.1	16.1
2017	1,023.4	65.5	60.3	14.4
2016	917.0	65.8	45.4	10.8
2015	849.5	72.3	48.5	11.6
2014	820.8	89.6	63.5	15.3
2013	775.1	93.3	71.4	17.2
2012	712.0	94.5	66.6	17.1
2011	640.7	83.0	55.0	13.7
2010	566.9	62.2	40.4	10.1
2009	540.1	61.0	39.0	8.9
2008	562.4	59.8	39.2	10.6
2007	470.7	41.5	27.9	7.7
2006	387.9	24.5	15.2	4.7
2005	338.6	19.6	12.1	3.8
2004	306.8	17.1	6.5	3.4
2003	322.9	18.9	4.6	3.0

Note: Accounts to 2003 prepared according to United Kingdom Generally Accepted Accounting Principles. Accounts from 2004 onwards prepared according to International Financial Reporting Standards.