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India

Senior PLC (SNR.L)

SNR.L on London Stock Exchange

57.30GBp
7 Aug 2020
Change (% chg)

3.15 (+5.82%)
Prev Close
54.15
Open
54.55
Day's High
58.15
Day's Low
52.30
Volume
1,256,518
Avg. Vol
2,105,746
52-wk High
212.60
52-wk Low
42.00

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Mon, Aug 3 2020

UPDATE 2-UK aerospace supplier Senior swings to loss, hit by pandemic

* Shares hit lowest in nearly 11 years (Recasts top, adds analyst comments, share move)

UK aerospace supplier Senior Plc posts half-year loss

Aug 3 British aerospace supplier Senior Plc swung to a loss in the first half of 2020 and shelved its interim dividend as costs rose and its sales were hammered by coronavirus-driven cuts across the air industry and other manufacturing partners.

Engineering group Senior cuts more jobs as virus rattles aerospace

UK engineer Senior Plc forecast a near one-third drop in first-half revenue on Friday and cut another 12% of its staff as it deals with an aerospace industry downturn brought on by the COVID-19 pandemic.

UPDATE 2-Engineering group Senior cuts more jobs as virus rattles aerospace

* Shares down 3.5% (Adds shares, analyst comments, background, detail)

Aerospace supplier Senior cuts more jobs as production rates tumble

July 10 British engineer Senior Plc said on Friday it laid off another 12% of its staff and forecast a drop of about 30% in revenue for the first half as it deals with a steep downturn in the aerospace industry.

BRIEF-Senior Plc Says Reduced Headcount By A Further 12% In H1 2020

* NOW EXPECT GROUP REVENUE IN H1 2020 WILL BE AROUND 30% LOWER THAN H1 2019 AND CONSEQUENTLY, MARGINS WILL BE SIGNIFICANTLY LOWER

UK engineer Senior scraps dividend amid coronavirus fallout

LONDON, March 26 British aerospace engineer Senior Plc said it was scrapping its dividend to save cash to deal with the expected impact of the coronavirus crisis on demand from its customers, including planemaker Boeing.

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