Announcement • Apr 08
Senior to Make an Application for the Cancellation of Trading of Shares on the Main Market and for the Cancellation of the Listing of Shares on the Official List The boards of Zeus UK Bidco Limited ("BidCo") and Senior plc announced that they have reached agreement on the terms of a recommended cash acquisition pursuant to which BidCo shall acquire the entire issued and to be issued ordinary share capital of Senior (other than the Existing Tinicum Shares) (the "Acquisition"). The Acquisition is to be effected by means of a scheme of arrangement under Part 26 of the Companies Act. Prior to the Scheme becoming effective, Senior shall make an application for the cancellation of trading of Senior Shares on the Main Market and for the cancellation of the listing of Senior Shares on the Official List, in each case to take effect on or shortly after the Effective Date. The last day of dealings in Senior Shares on the Main Market is expected to be the Business Day immediately prior to the Effective Date and no transfers shall be registered after 6.00 p.m. on that date. On the Effective Date, share certificates in respect of Senior Shares shall cease to be valid and entitlements to Senior Shares held within the CREST system shall be cancelled. It is also proposed that, following the Effective Date and after its shares are delisted, Senior shall be re-registered as a private limited company. Announcement • Apr 02
Arcline Investment Management LP cancelled the acquisition of Senior plc (LSE:SNR). Arcline Investment Management LP proposed to acquire Senior plc (LSE:SNR) on February 21, 2026. A cash consideration will be paid by Arcline Investment Management LP.
Richard Shaw, Louise Campbell and James Cliffe of Lazard & Co., Limited acted as financial advisor for Senior plc. Chris Squire and Sam Barnett of Jefferies International Limited acted as financial advisor for Senior plc. Jonathan Wilcox and Will Wickham of Numis Securities Limited acted as financial advisor for Senior plc.
Arcline Investment Management LP cancelled the acquisition of Senior plc (LSE:SNR) on April 1, 2026. Recent Insider Transactions Derivative • Mar 22
Group CEO & Executive Director exercised options and sold UK£524k worth of stock On the 18th of March, David Squires exercised options to acquire 188k shares at no cost and sold these for an average price of UK£2.79 per share. This trade did not impact their existing holding. For the year to December 2019, David's total compensation was 30% salary and 70% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, David has owned 1.14m shares directly. Company insiders have collectively sold UK£494k more than they bought, via options and on-market transactions in the last 12 months. New Risk • Mar 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Announcement • Mar 13
Senior plc, Annual General Meeting, May 08, 2026 Senior plc, Annual General Meeting, May 08, 2026. Location: the offices of senior plc, 59 61 high street, rickmansworth, hertfordshire, wd3 1rh, United Kingdom Announcement • Mar 06
Senior plc Confirms Receipt of Preliminary Non-Binding All-Cash Offer from Arcline Investment Management Further to its announcements on February 27, 2026 and March 3, 2026 regarding the receipt of all-cash proposals for its entire issued and to be issued share capital, Senior plc (LSE:SNR) ("Senior" or the "Company") notes the recent media speculation. Senior confirms that, on February 21, 2026, it received a preliminary, non-binding all-cash offer from Arcline Investment Management, L.P. ("Arcline") to acquire the entire issued and to be issued share capital of the Company. Discussions with Arcline and other potential offerors remain ongoing. There can be no certainty that an offer will be made, nor as to the terms of any offer. A further announcement will be made as and when appropriate. As previously announced on February 27, 2026 and March 3, 2026, the Panel Executive has granted a dispensation from the requirements of Rules 2.4(a) and 2.4(b) of the Code such that the Company is not required to identify in any announcement any potential offeror with which the Company is in talks, or from which an approach has been received, unless that potential offeror has been specifically identified in any rumour or speculation (as is the case in respect of Arcline in this announcement). In accordance with Rule 2.6(a) of the Code Arcline is required, by no later than April 1, 2026, being 28 days following the date of this announcement, either to announce a firm intention to make an offer for Senior in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for Senior, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can only be extended with the consent of the Panel on Takeovers and Mergers in accordance with Rule 2.6(c) of the Code. This announcement is being made by Senior without the consent of Arcline. Announcement • Mar 05
Arcline Investment Management LP proposed to acquire Senior plc (LSE:SNR). Arcline Investment Management LP proposed to acquire Senior plc (LSE:SNR) on February 21, 2026. A cash consideration will be paid by Arcline Investment Management LP.
Richard Shaw, Louise Campbell and James Cliffe of Lazard & Co., Limited acted as financial advisor for Senior plc. Chris Squire and Sam Barnett of Jefferies International Limited acted as financial advisor for Senior plc. Jonathan Wilcox and Will Wickham of Numis Securities Limited acted as financial advisor for Senior plc. Declared Dividend • Mar 04
Final dividend increased to UK£0.021 Dividend of UK£0.021 is 30% higher than last year. Ex-date: 30th April 2026 Payment date: 29th May 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 45%. Cash payout ratio: 50%. Reported Earnings • Mar 03
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: UK£0.066 (down from UK£0.08 in FY 2024). Revenue: UK£738.2m (up 4.4% from FY 2024). Net income: UK£27.3m (down 18% from FY 2024). Profit margin: 3.7% (down from 4.7% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to UK£3.08, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 25x in the Aerospace & Defense industry in the United Kingdom. Total returns to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£2.75 per share. Announcement • Feb 27
Advent International Confirms It Is Considering A Possible Offer for Senior plc Advent International Limited, in its capacity as adviser to Advent International, L.P., the manager of and /or adviser to certain private equity funds ("Advent") notes the recent press speculation and confirms that it is considering a possible offer for Senior plc (LSE:SNR). There can be no certainty that an offer will be made for Senior nor as to the terms on which any offer might be made. A further announcement will be made in due course when appropriate. In accordance with Rule 2.6(a) of the Code, Advent must, by not later than 5.00 pm (London time) on 27 March 2026, either announce a firm intention to make an offer for Senior in accordance with Rule 2.7 of the Code or announce that Advent does not intend to make an offer for Senior, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code. Rule 2.4(c)(iii) Disclosure: Advent confirms that it is not aware of any dealings in Senior shares that would require it to offer a minimum level, or particular form, of consideration under Rule 6 or Rule 11 of the Code. However, prior to this announcement it has not been practicable for Advent to make enquiries of all persons acting in concert with it to determine whether any dealings in Senior shares by such persons give rise to a requirement under Rule 6 or Rule 11 of the Code for Advent, if it were to make an offer, to offer any minimum level, or particular form, of consideration. Any such details shall be announced as soon as practicable and in any event by no later than the deadline for Advent's Opening Position Disclosure. Price Target Changed • Jan 22
Price target increased by 7.5% to UK£2.41 Up from UK£2.24, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of UK£2.48. Stock is up 51% over the past year. The company is forecast to post earnings per share of UK£0.07 for next year compared to UK£0.063 last year. Announcement • Jan 02
Sullivan Street Partners Limited completed the acquisition of Aerostructures business of Senior plc from Senior plc (LSE:SNR). Sullivan Street Partners Limited agreed to acquire Aerostructures business of Senior plc from Senior plc (LSE:SNR) for £200 million on July 17, 2025. A cash consideration of £150 million will be paid by Sullivan Street Partners Limited. As part of consideration, £200 million is paid towards assets of Aerostructures business of Senior plc. The transaction comprises a sale of the assets of the US businesses Senior Aerospace AMT / Damar, Senior Aerospace Jet / Ketema; the assets of the UK business Senior Aerospace Weston; all of the issued shares held in Upeca Aerotech Sdn. Bhd (Malaysia); and all of the issued shares held in Senior Aerospace (Thailand) Limited.
For the period ending December 31, 2024, Aerostructures business of Senior plc reported total revenue of £272.4 million, operating loss of £6.5 million and net loss of £9.4 million. As of December 31, 2024, Aerostructures business of Senior plc reported total assets of £273.8 million and total common equity of £167.8 million. The sale of Aerostructures to Sullivan Street Partners for a total enterprise value of up to £200m, representing 13.1x 2024 EBITDA. The transaction proceeds will be used to reduce net debt and fund a c.£40m share buyback programme.
The transaction is subject to approval by regulatory board / committee. The expected completion of the transaction is September 1, 2025 to December 31, 2025. Richard Shaw and James Cliffe of Lazard Freres & Co. Ltd acted as financial advisor to Senior plc. Victoria MacDuff, Aleezeh Liaqat, Mike Lane, Phil Linnard, Lorna Nsoatabe, John Nevin , Ed Fife and David Ives of Slaughter and May acted as legal advisor to Senior plc. Steen Associates Limited acted as Financial advisor to Sullivan Street Partners Limited. Electra Callan, Christopher Chubb, tuart Brinkworth, Alex Dell, Janelene Chen, Ben Eaton, Timothy Keeler, Michael Liebner, Jason Hungerford and Paul Whitfield-Jones,Iain Roberts,Tim Baines, Miriam Bruce and Mark Hills of Mayer Brown International LLP acted as legal advisor to Sullivan Street Partners Limited.
Sullivan Street Partners Limited completed the acquisition of Aerostructures business of Senior plc from Senior plc (LSE:SNR) on December 31, 2025. Recent Insider Transactions Derivative • Dec 01
Group CFO & Executive Director exercised options and sold UK£241k worth of stock On the 27th of November, Alpna Amar exercised options to acquire 133k shares at no cost and sold these for an average price of UK£1.81 per share. This trade did not impact their existing holding. Alpna currently holds less than 1% of total shares outstanding. Company insiders have collectively bought UK£11k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions • Nov 30
Independent Chairman recently bought UK£130k worth of stock On the 26th of November, Ian King bought around 75k shares on-market at roughly UK£1.74 per share. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ian's only on-market trade for the last 12 months. Major Estimate Revision • Nov 24
Consensus EPS estimates increase by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from UK£792.3m to UK£804.5m. EPS estimate increased from UK£0.063 to UK£0.073 per share. Net income forecast to grow 1.1% next year vs 1.7% growth forecast for Aerospace & Defense industry in the United Kingdom. Consensus price target broadly unchanged at UK£2.21. Share price fell 9.3% to UK£1.68 over the past week. Announcement • Nov 22
Senior plc Provides Earnings Guidance for the Year 2025 Senior plc provided earnings guidance for the year 2025. The board anticipates full year Group performance to be comfortably above previous expectations. Announcement • Nov 20
Senior plc to Report Fiscal Year 2025 Results on Mar 02, 2026 Senior plc announced that they will report fiscal year 2025 results on Mar 02, 2026 Major Estimate Revision • Aug 11
Consensus revenue estimates fall by 21% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from UK£1.05b to UK£833.4m. EPS estimate fell from UK£0.092 to UK£0.068 per share. Net income forecast to grow 5.1% next year vs 9.3% growth forecast for Aerospace & Defense industry in the United Kingdom. Consensus price target up from UK£1.98 to UK£2.24. Share price rose 4.5% to UK£1.96 over the past week. Price Target Changed • Aug 08
Price target increased by 13% to UK£2.24 Up from UK£1.98, the current price target is an average from 4 analysts. New target price is 14% above last closing price of UK£1.96. Stock is up 21% over the past year. The company is forecast to post earnings per share of UK£0.068 for next year compared to UK£0.063 last year. New Risk • Aug 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 50% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Declared Dividend • Aug 06
First half dividend increased to UK£0.0085 Dividend of UK£0.0085 is 13% higher than last year. Ex-date: 16th October 2025 Payment date: 14th November 2025 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but not covered by cash flows (110% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 04
Full year 2024 earnings released: EPS: UK£0.063 (vs UK£0.075 in FY 2023) Full year 2024 results: EPS: UK£0.063 (down from UK£0.075 in FY 2023). Revenue: UK£977.1m (up 1.4% from FY 2023). Net income: UK£25.9m (down 17% from FY 2023). Profit margin: 2.7% (down from 3.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.8% p.a. on average during the next 3 years, while revenues in the Aerospace & Defense industry in the United Kingdom are expected to grow by 6.9%. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Price Target Changed • Aug 04
Price target increased by 9.7% to UK£2.07 Up from UK£1.88, the current price target is an average from 3 analysts. New target price is 10% above last closing price of UK£1.87. Stock is up 27% over the past year. The company is forecast to post earnings per share of UK£0.072 for next year compared to UK£0.063 last year. Announcement • Aug 04
Senior plc Approves an Interim Dividend, Payable on 14 November 2025 Senior plc Board has approved an interim dividend of 0.85 pence per share, representing a 13% increase compared to the prior year (first half 2024: 0.75 pence). This will be paid on 14 November 2025 to shareholders on the register at the close of business on 17 October 2025. Announcement • Jul 18
Senior plc (LSE:SNR) announces an Equity Buyback for £40 million worth of its shares. Senior plc (LSE:SNR) announces a share repurchase program. Under the program, the company will repurchase up to £40 million worth of its shares. Repurchases will be funded from cash proceeds arising from the sale of Aerostructures business. Announcement • Jul 03
Senior plc to Report First Half, 2025 Results on Aug 04, 2025 Senior plc announced that they will report first half, 2025 results on Aug 04, 2025 Announcement • Apr 30
Sullivan Street Reportedly Nears Deal for Senior's Aerostructures Unit Investment firm Sullivan Street Partners Limited is nearing a deal for British engineering group Senior plc (LSE:SNR)’s aerostructures unit, which supplies components to Airbus SE and Boeing Co., people with knowledge of the matter said. London-based Sullivan Street could reach a final agreement with Senior in the coming weeks, the people said, asking not to be identified because the information is private. A deal would value Senior’s aerostructures operations at about £200 million ($268 million) including debt, the people said. Sullivan Street is poised to beat out other suitors including investment firm AURELIUS Equity Opportunities SE & Co. KGaA (HMSE:AR40), the people said. While talks are advanced, an agreement could still be delayed or fall apart, the people said. Representatives for Senior and Aurelius declined to comment. A spokesperson for Sullivan Street couldn’t be reached for comment. Senior said last week that it had made “further good progress” and “detailed discussions with parties are ongoing.” A sale would end a long search by the company, which has been working with adviser Lazard Inc. to sell the aerostructures business since 2019. Upcoming Dividend • Apr 24
Upcoming dividend of UK£0.017 per share Eligible shareholders must have bought the stock before 01 May 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (6.1%). In line with average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to UK£1.27, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 29x in the Aerospace & Defense industry in the United Kingdom. Total returns to shareholders of 8.3% over the past three years. Major Estimate Revision • Mar 10
Consensus revenue estimates decrease by 15%, EPS upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from UK£1.03b to UK£870.5m. EPS estimate increased from UK£0.09 to UK£0.092 per share. Net income forecast to grow 41% next year vs 23% growth forecast for Aerospace & Defense industry in the United Kingdom. Consensus price target broadly unchanged at UK£1.93. Share price fell 4.4% to UK£1.68 over the past week. Announcement • Mar 08
Senior plc, Annual General Meeting, Apr 25, 2025 Senior plc, Annual General Meeting, Apr 25, 2025. Location: the offices of senior plc, 59 61 high street, wd3 1rh, rickmansworth United Kingdom Declared Dividend • Mar 06
Final dividend reduced to UK£0.017 Dividend of UK£0.017 is 2.9% lower than last year. Ex-date: 1st May 2025 Payment date: 30th May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but not covered by cash flows (158% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 119% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 04
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: UK£0.063 (down from UK£0.075 in FY 2023). Revenue: UK£977.1m (up 1.4% from FY 2023). Net income: UK£25.9m (down 17% from FY 2023). Profit margin: 2.7% (down from 3.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 20%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 28
Now 20% undervalued Over the last 90 days, the stock has risen 11% to UK£1.62. The fair value is estimated to be UK£2.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 8.4% in 2 years. Earnings are forecast to grow by 45% in the next 2 years. Buy Or Sell Opportunity • Feb 12
Now 21% undervalued Over the last 90 days, the stock has risen 6.2% to UK£1.58. The fair value is estimated to be UK£2.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 8.4% in 2 years. Earnings are forecast to grow by 45% in the next 2 years. Announcement • Jan 17
Senior plc to Report Fiscal Year 2024 Results on Mar 03, 2025 Senior plc announced that they will report fiscal year 2024 results at 7:00 AM, Coordinated Universal Time on Mar 03, 2025 Announcement • Jan 03
Senior plc Announces Retirement of Susan Brennan as Independent Non-Executive Director, Member of the Audit, Nominations and Remuneration Committees Having reached the ninth anniversary of her initial appointment to the Senior plc Board as an independent non-executive Director, Susan Brennan will be retiring from the Board and as a member of the Audit, Nominations and Remuneration Committees at the conclusion of the Company's next Annual General Meeting which is due to be held in April 2025. Price Target Changed • Oct 13
Price target decreased by 11% to UK£1.86 Down from UK£2.08, the current price target is an average from 4 analysts. New target price is 39% above last closing price of UK£1.33. Stock is down 19% over the past year. The company is forecast to post earnings per share of UK£0.051 for next year compared to UK£0.075 last year. Major Estimate Revision • Oct 09
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from UK£1.03b to UK£1.01b. EPS estimate also fell from UK£0.082 per share to UK£0.07 per share. Net income forecast to grow 9.6% next year vs 24% growth forecast for Aerospace & Defense industry in the United Kingdom. Consensus price target down from UK£2.08 to UK£2.01. Share price fell 15% to UK£1.28 over the past week. Declared Dividend • Aug 07
First half dividend increased to UK£0.0075 Dividend of UK£0.0075 is 25% higher than last year. Ex-date: 17th October 2024 Payment date: 15th November 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (33% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 93% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 06
First half 2024 earnings released: EPS: UK£0.026 (vs UK£0.028 in 1H 2023) First half 2024 results: EPS: UK£0.026 (down from UK£0.028 in 1H 2023). Revenue: UK£501.4m (up 4.0% from 1H 2023). Net income: UK£10.9m (down 6.0% from 1H 2023). Profit margin: 2.2% (down from 2.4% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jul 29
Senior plc to Report First Half, 2024 Results on Aug 05, 2024 Senior plc announced that they will report first half, 2024 results on Aug 05, 2024 Announcement • Jul 01
Senior plc Appoints Zoe Clements as A Non-Executive Director, Effective 1 September 2024 Senior plc announced the appointment of Zoe Clements as a non-executive Director with effect from 1 September 2024. Zoe Clements is an investment, private equity and finance professional with over 15 years of board experience, and over 25 years of executive experience, notably in a private equity context. She has previously sat on a range of consumer, retail, leisure, healthcare and professional services boards as a non-executive Director. She is a current non-executive Director of Pantheon International Plc and of JPMorgan Emerging Markets Investment Trust plc, and is also a Member of the Social Investment Advisory Committee of the Growth Impact Fund and a Trustee of the Money and Mental Health Policy Institute. She qualified as a Chartered Accountant with PwC. Other than her roles as non-executive Director of Pantheon International Plc and of JPMorgan Emerging Markets Investment Trust plc, Zoe Clements does not hold, or has not held in the past 5 years any position where she is or was acting in the capacity of a director of a publicly quoted company. As a Director of Senior plc, she will also be a member of the Company's Audit, Remuneration and Nominations Committees. Price Target Changed • May 01
Price target increased by 8.3% to UK£2.18 Up from UK£2.01, the current price target is an average from 5 analysts. New target price is 30% above last closing price of UK£1.67. Stock is down 2.2% over the past year. The company posted earnings per share of UK£0.075 last year. Upcoming Dividend • Apr 25
Upcoming dividend of UK£0.017 per share Eligible shareholders must have bought the stock before 02 May 2024. Payment date: 31 May 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (1.9%). Announcement • Mar 09
Senior plc, Annual General Meeting, Apr 26, 2024 Senior plc, Annual General Meeting, Apr 26, 2024, at 11:30 Coordinated Universal Time. Location: the offices of Senior plc, 59-61 High Street, Rickmansworth, WD3 1RH Rickmansworth United Kingdom Declared Dividend • Mar 07
Final dividend increased to UK£0.017 Dividend of UK£0.017 is 70% higher than last year. Ex-date: 2nd May 2024 Payment date: 31st May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but not covered by cash flows (171% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 66% to shift the payout ratio to a potentially unsustainable range, which is more than the 9.9% EPS decline seen over the last 5 years. Announcement • Mar 05
Senior plc Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 31 May 2024 Senior plc has proposed a final dividend of 1.70 pence per share for the year ended 31 December 2023 (2022 - 1.00 pence). This will be paid on 31 May 2024 to shareholders on the register at close of business on 3 May 2024. This brings the total dividends, paid and proposed for 2023, to 2.30 pence per share (2022 - 1.30 pence). Reported Earnings • Mar 04
Full year 2023 earnings released: EPS: UK£0.075 (vs UK£0.049 in FY 2022) Full year 2023 results: EPS: UK£0.075 (up from UK£0.049 in FY 2022). Revenue: UK£963.5m (up 14% from FY 2022). Net income: UK£31.1m (up 54% from FY 2022). Profit margin: 3.2% (up from 2.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. New Risk • Mar 04
New major risk - Revenue and earnings growth Earnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Feb 27
Senior plc to Report Fiscal Year 2023 Results on Mar 04, 2024 Senior plc announced that they will report fiscal year 2023 results on Mar 04, 2024 Announcement • Nov 20
Senior plc Reaffirms Earnings Guidance for the Full Year 2023 Senior plc reaffirmed earnings guidance for the full year 2023. For the period, the company expected strong growth for the Group in 2023 are unchanged. Announcement • Nov 10
Senior plc Appoints Joe Vorih as A Non-Executive Director with Effect from 1 January 2024 Senior plc announced the appointment of Joe Vorih as a non-executive Director with effect from 1 January 2024. Since February 2022, Joe Vorih has been the Chief Executive Officer of Genuit Group plc, a leading provider of sustainable water, climate and ventilation products and systems. Joe was previously president of HBK, a division of and key platform business within Spectris plc. Prior to that, he worked for Clarcor Corporation, a NYSE listed business delivering filtration solutions and Danaher Corporation, also a US listed global business in industrial, test and medical equipment. He has a Bachelor of Science and a Master of Science in Mechanical Engineering from the Massachusetts Institute of Technology and an MBA from Rensselaer Polytechnic Institute. Other than his role as the Chief Executive Officer of Genuit Group plc, Joe Vorih does not hold, or has not held in the past 5 years any position where he is or was acting in the capacity of a director of a publicly quoted company. As a Director of Senior plc, he shall also be a member of the Company's Audit, Remuneration and Nominations Committees.