Diploma plc (LON:DPLM), the value-add solutions group, has issued a trading update for the three months ended 31 December 2025, ahead of its Annual General Meeting today at 9.00am.
· Very strong Q1 performance as expected: 14% organic revenue growth.
· 4 acquisitions completed for c.£75m in Q1 into attractive end markets:
o Swift Aerospace: extends our reach in aerospace fasteners, particularly in Europe.
o Hydraulic Seals Australia: expands aftermarket offering across varied end markets.
o WDS: adds capability in machining parts into OEM applications (announced at FY25 results).
o Spring Solutions: supports growth in UK / European defence (announced at FY25 results).
· Great acquisition momentum: 8 deals across the last two quarters for c.£130m with expected annualised operating profit contribution of c.£20m. Healthy pipeline.
· FY26 guidance
o Organic revenue growth and margin guidance unchanged at 6% and c.22.5%, respectively.
o Organic growth guidance is significantly weighted to H1.
o Net acquisition growth now 3% (up from 2%), reflecting recent acquisitions. This will increase if further acquisitions are made.
Johnny Thomson, Chief Executive Officer, and Wilson Ng, Chief Financial Officer, will host a conference call for analysts and investors this morning at 8:00am (UK time).
Conference call dial in details:
• Dial in: +44 (0) 33 0551 0200
• Password: Diploma Q1
Diploma’s next scheduled update is half year results on 19 May 2026.
