Market Update

RNS Number : 1720X

Senior PLC

17 December 2019

 

Market Update

Senior plc ("Senior" or the "Group"), an international manufacturer of high technology components and systems, principally for the worldwide aerospace, defence, land vehicle, and power and energy markets, issues this market update.

The Board notes the announcement made by Boeing concerning its suspension of 737 MAX production starting in January 2020 pending the certification and return to service of the airplane.  Senior continues to work closely with Boeing and its other customers to support this programme.

Senior will provide a further update on the potential implications to its 2020 performance once it has clarification from its customers.

The Board's expectations for the Group's 2019 performance remains unchanged from the announcement released on 7 November 2019.

Further information

Gulshen Patel	Director of Investor Relations & Corporate Communications	[phone]
Nidaa Lone	Finsbury	[phone]

About Senior

Senior is an international manufacturing group with operations in 13 countries.  It is listed on the main market of the London Stock Exchange (symbol SNR).  Senior designs, manufactures and markets high technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle, and power and energy markets.  Further information on Senior plc may be found at: www.seniorplc.com

Cautionary Statement

This announcement contains certain forward-looking statements.  Such statements are made by the Directors in good faith, based on the information available to them at the time of the announcement, and they should be treated with caution due to the inherent uncertainties underlying any such forward-looking information.

 

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