- Manufacturing group Senior booked a 17% rise in annual profit, as sales grew at both its aerospace and piping system divisions.

Pre-tax profit for the year through December rose to £61.3m, as revenue climbed 5.7% to £1.08bn.

The company declared a full-year dividend of 7.42p, up 7% on-year.

'Free cash flow remains healthy and group margins improved as volumes increased and benefits from ongoing cost reduction efforts were realised,' chief executive David Squires said.

'2019 trading has started in line with expectations,' he added.

'The board anticipates that, even with changeable geopolitical conditions, 2019 will be another year of improvement in performance for the group.'

'Looking further ahead, the group is well-positioned, financially robust and expects to continue to make good progress.'

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