- Senior, an international manufacturer of high technology components and systems for the aerospace, defence, land vehicle and energy markets, has reported that trading for the period since 1 January 2018 has been in line with expectations.

Activity in the large commercial aircraft sector continued to be positive, partially offset by the decrease in military. There continues to be a ramp up of production volumes on the newer programmes such as the 737 MAX, A320neo, A350 and C Series.

Trading in the Flexonics division benefited from growth in the truck, off-highway and upstream oil and gas markets, partially offset, as expected, by the decrease in passenger vehicles. Downstream oil and gas remained flat.

Order books across most businesses remain strong and the group expects to see improved performance in both divisions. Overall, at current exchange rates, the board expects good progress to be made in 2018 with performance slightly weighted to the second half.

At 8:19am: [LON:SNR] Senior PLC share price was -0.7p at 290.7p

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