12 October 2021 - trading update

The international engineering group has issued a positive trading update covering the nine-month period to 30 September confirming that trading has been in line with expectations.  Excluding Senior Aerospace Connecticut which was disposed of earlier this year, revenues at the group were 4% lower than the same period in 2020 on a constant currency basis.  Market demand is recovering strongly in both land vehicles and domestic aviation whilst demand in defence remains stable.  However, the company is suffering from the well publicised supply chain issues although it still expects full year results to be . . .

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