Senior rejects fifth and final offer from Lone Star

22nd Jun 2021 15:46

(Sharecast News) - Aerospace engineer Senior said on Tuesday that it has rejected a fifth and final takeover approach from US private equity firm Lone Star valuing the group at around £839m.

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Senior set to reject Lone Star's final offer - report

22nd Jun 2021 08:25

(Sharecast News) - Senior shares fell after Bloomberg reported it was preparing to reject the latest bid proposal from Lone Star Funds as too low.

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Senior's Flexonics business secures $8m contract with Bruce Power

7th Jun 2021 10:11

(Sharecast News) - Engineering solutions provider Senior said on Monday that its Flexonics business has been awarded an additional contract from Bruce Power as a key supplier for their Major Component Replacement (MCR) project.

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Tuesday broker round-up

1st Jun 2021 13:43

(Sharecast News) - Tekmar Group: Berenberg reiterates buy with a target price of 75p.

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Senior tumbles after rejecting £738m takeover offer from Lone Star

1st Jun 2021 08:42

(Sharecast News) - Senior shares tumbled on Tuesday after the engineering solutions provider rejected a £738m takeover proposal from US private equity firm Lone Star.

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Senior trades in line during Q1

23rd Apr 2021 08:36

(Sharecast News) - Manufacturing company Senior said on Friday that it had traded in line with expectations throughout the first quarter, leading the group to reiterated guidance for the full year.

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Senior swings to operating loss in 'extraordinary' year

8th Mar 2021 08:20

(Sharecast News) - Senior swung to an operating loss of £177.3m in 2020, it said on Monday, from a profit of £61.6m in 2019, with its results "significantly" impacted by the Covid-19 pandemic and the grounding of the Boeing 737 MAX fleet globally.

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Senior sells build-to-print manufacturing business for $74m

5th Mar 2021 08:04

(Sharecast News) - Senior said on Friday that it has sold its standalone, build-to-print helicopter structures operating business, Senior Aerospace Connecticut, to PCX Aerosystems for $74m (£53m).

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Barclays upgrades Meggitt, Senior

24th Nov 2020 09:24

(Sharecast News) - Barclays upgraded Meggitt and Senior on Tuesday as it took a look at the European aerospace and defence sector.

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Senior warns on profits as restructuring plans extended

3rd Nov 2020 09:09

(Sharecast News) - Manufacturing and engineering group Senior warned on Tuesday that annual profits and cash would both be hit by its move to extend restructuring plans amid lower levels of trading in its aerospace and land vehicles divisions.

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Boeing to reduce workforce by 20% in the face of Covid-19

28th Oct 2020 12:51

(Sharecast News) - Aerospace giant Boeing laid out plans to streamline the manufacturer in the face of the brutal headwinds from the Covid-19 pandemic that were buffeting the entire sector.

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Director dealings: Senior chairman ups stake

5th Aug 2020 15:20

(Sharecast News) - Senior revealed on Wednesday that chairman Ian King had acquired 207,000 ordinary shares in the FTSE 250-listed aerospace and defence firm.

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Wednesday broker round-up

15th Jul 2020 12:24

(Sharecast News) - Royal Dutch Shell: JP Morgan downgrades to neutral with a target price of 1,700.0p.

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Senior revenues slide as its end markets remain weak

10th Jul 2020 07:36

(Sharecast News) - Aerospace and defence technology company Senior reported "robust" cash performance in the half-year ended 30 June on Friday, although it did warn that its revenue would be almost a third lower than the prior year.

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Tuesday broker round-up

7th Jul 2020 14:00

(Sharecast News) - Unite Group: Peel Hunt upgrades to add with a target price of 1,000.0p.

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