SENIOR Business Summary

Senior plc (SNIRF) is a global engineering solutions provider that generates revenue through the design and manufacture of high-technology components and systems for original equipment manufacturers (OEMs). The company operates through two primary business segments: Aerospace, which focuses on fluid conveyance and thermal management for commercial and military aircraft, and Flexonics, which provides emission control and industrial process solutions for the land vehicle, power, and energy sectors. Following the strategic divestment of its Aerostructures unit in early 2026, the company has pivoted to focus on high-margin fluid transport and thermal technologies. Senior plc competes directly with major industrial players such as Parker Hannifin (following its acquisition of Meggitt), Eaton Corporation, and Howmet Aerospace, positioning itself as a specialized Tier 1 and Tier 2 supplier that differentiates through bespoke engineering for extreme-environment applications. Originally founded in 1933 by a group of former employees from Green’s Economisers Ltd., the company is currently led by Group Chief Executive David Squires, who has held the role since 2015 and brings extensive experience from senior positions at Eaton and Delphi. The leadership team was further strengthened in May 2025 with the appointment of Alpna Amar as Group Chief Financial Officer, who previously served as Corporate Development Director at Kier Group plc. The Board is chaired by Ian King, the former CEO of BAE Systems, providing significant defense and aerospace pedigree. Notable institutional investors include Alantra Asset Management, Franklin Templeton, and Aberforth Partners, reflecting a shareholder base concentrated in value-oriented institutional capital.