Senior releases six-monthly trade update

Senior, a manufacturer of technology components and systems for the aerospace, defence, land-vehicle and energy markets, has issued a trading update for the six-month period to 30 June 2010.

Company profitability for the first half of 2010 is anticipated to be in line with the board’s expectations at the time of the IMS on 21 April 2010 and, consequently, to be significantly ahead of the performance achieved in the first half of 2009.

Cash generation has been healthy, with net debt expected to have reduced from the £102.3m reported at the end of 2009.