Company type | Public |
---|---|
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 | £848.4 million (2022) [1] |
£32.5 million (2022) [1] | |
£20.2 million (2022) [1] | |
Number of employees | 6,361 (2023) [2] |
Website | www |
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 was originally established in 1933 by a group of former employees of Green's Economisers Ltd. as a rival concern. [3] The company was listed on the London Stock Exchange as Senior Economisers Limited in 1947. [3]
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. [4]
It then bought Atlas Composites, a manufacturer of composite structures and tooling in 2013. [5] It also bought Thermal Engineering, a supplier of high temperature lightweight aerospace components, for £22 million in 2013. [6]
It bought UPECA Technologies, a Malaysian-based manufacturer of high-precision engineered components serving the aerospace and energy sectors, in 2014. [7]
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. [8] 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. [9]
In June 2021 the company rejected a $1.2 billion buyout offer from US private-equity firm Lone Star. [10]
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. [11]
Financial results have been as follows: [1]
Year to December | Revenue (£million) | EBIT (£m) | Net profit (£m) | Earnings per share (p) |
---|---|---|---|---|
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.
Kaman Corporation is an American aerospace company, with headquarters in Bloomfield, Connecticut. It was founded in 1945 by Charles Kaman. During the first ten years the company operated exclusively as a designer and manufacturer of several helicopters that set world records and achieved many aviation firsts.
GKN Ltd is a British multinational automotive and aerospace components business headquartered in Redditch, England. It is a long-running business known for many decades as Guest, Keen and Nettlefolds. It can trace its origins back to 1759 and the birth of the Industrial Revolution.
Alliant Techsystems Inc. (ATK) was an American aerospace, defense, and sporting arms firm headquartered in Arlington County, Virginia, in the United States. The company operated in 22 states, Puerto Rico, and internationally. ATK revenue in fiscal year 2014 was about US$4.78 billion.
Aptiv PLC is an Irish-American automotive technology supplier with headquarters in Dublin. Aptiv grew out of the now-defunct American company, Delphi Automotive Systems, which itself was formerly a component of General Motors.
Smiths Group plc is a British, multinational, diversified engineering business headquartered in London, England. It operates in over 50 countries and employs 15,000 staff. Smiths Group is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Signature Aviation is a multinational aviation services company headquartered in Orlando, Florida. The company was founded as W. Wilson Cobbett Ltd in 1879 and subsequently specialised in the manufacture of industrial supplies, particularly in the automotive and aviation sectors. During the Second World War, the company produced materials for British military aircraft, such as the Supermarine Spitfire, Hawker Hurricane, and Hawker Typhoon. During the 1980s and 1990s, the firm decided to increasingly orientate itself towards the aviation industry via a string of acquisitions and divestitures. It was listed on the London Stock Exchange until it was acquired by Cascade Investment, Blackstone Group, and private equity firm Global Infrastructure Partners in May 2021.
Parker Meggitt is a British international company specialising in components and sub-systems for the aerospace, defence and selected energy markets. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it was acquired by Parker Hannifin in September 2022.
IMI plc, formerly Imperial Metal Industries, is a British-based engineering company headquartered in Birmingham, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Magellan Aerospace Corporation is a Canadian manufacturer of aerospace systems and components. Magellan also repairs and overhauls, tests, and provides aftermarket support services for engines, and engine structural components. The company's business units are divided into the product areas of aeroengines, aerostructures, rockets and space, and specialty products. Its corporate offices in Mississauga, Ontario, Magellan operates in facilities throughout Canada, the United States, and the United Kingdom.
Ultra Electronics Holdings is a British defence and security company. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by Cobham, which is itself owned by Advent International.
TI Group plc was a holding company for specialised engineering companies. It was based in Abingdon, Oxfordshire and was listed on the London Stock Exchange, at one point being a constituent of the FTSE 100 Index.
Spectris plc is a supplier of precision instrumentation and controls. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Héroux-Devtek Inc. is an international company specializing in the design, development, manufacture, repair and overhaul of landing gear, actuation systems and components for the aerospace market. Founded in 1942, the company's head office is located in Longueuil, Quebec. Héroux-Devtek Inc. has more than 1960 employees working in 18 facilities in North America and Europe. The corporation is the third-largest landing gear company worldwide, supplying both the commercial and defence sectors of the Aerospace market with new landing gear systems and components, as well as aftermarket products and services. It also manufactures actuation systems as well as ball screws. Héroux-Devtek's accomplishments include the manufacturing of the landing gear for the lunar module that landed Neil Armstrong on the moon for the Apollo 11 mission in 1969.
Daher is a French industrial conglomerate. It is operational across the aerospace, defence, nuclear, and automotive industrial sectors in the fields of manufacturing, services, and transport.
Hampson Industries plc was a large British provider of engineering services to the aerospace and automotive industries. The company was listed on the London Stock Exchange and is a constituent of the FTSE Fledgling Index. It is now in administration, which means it has become insolvent and is put under the control of Licensed Insolvency Practitioners.
Dowty Group was a leading British manufacturer of aircraft equipment. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. The firm ceased operating as an individual entity following its acquisition by TI Group in 1992.
Triumph Group, Inc. is a supplier of aerospace services, structures, systems and support. Based in Berwyn, Pennsylvania, United States, Triumph engineers, designs, and manufactures aircraft components, systems, and accessories. Several services and products are offered through three of their operating organizations, Integrated Systems, Aerospace Structures, and Product Support.
Esterline Technologies Corporation was a publicly traded company that designs, manufactures, and markets specialty products primarily for aerospace and defense customers. The company is best known as a supplier of products and equipment for aerospace companies such as Boeing and Airbus; and for American and allied military forces.
UPECA Aerotech Sdn. Bhd. informally known as UPECA, is a part of Senior plc. It is the one of Malaysia's largest aerostructure suppliers to Spirit Aerosystems Europe and UTC Aerospace System. UPECA Aerotech's headquarters and manufacturing plant is in Shah Alam, Selangor. UPECA Aerotech supply aircraft components on Airbus A320, Airbus A330, Airbus A350 and Boeing 787 platforms. A manufacturing plant will be opened near Subang Airport in order to serve UPECA’s manufacturing, storage and distribution of aerospace parts.
Redwire Corporation is an American aerospace manufacturer and space infrastructure technology company headquartered in Jacksonville, Florida. The company was formed on June 1, 2020 by the private equity firm AE Industrial Partners.