Senior Plc awarded €200m in new contracts

Senior plc

Senior plc (LON:SNR), an international manufacturer of high-technology components and systems, has announced that it has been awarded new contracts for the supply of high-technology components for ICE and hybrid engines for light vehicles, and exhaust gas recirculation systems (EGR) for heavy-duty trucks.  The combined value of the multi-year contracts is approximately €200m over an 8-year period.

The first contract is for the supply of fluid conveyance assemblies for multiple light vehicle ICE and hybrid engine types to a global supplier of innovative hybrid and combustion powertrain solutions.  The components will be used across the range of diesel, gasoline and hybrid platforms and Senior collaborated closely with the customer in the design and testing of the 20+ parts.  Production is anticipated to begin in 2025 and continue until 2029.  Manufacturing will be undertaken at both Senior Flexonics Olomouc (Czech Republic) and the Senior Flexonics joint venture in Wuhan, China.

The second contract is with a leading global manufacturer of heavy-duty trucks to supply fluid conveyance assemblies for exhaust gas recirculation coolers for a new engine type to be used on multiple vehicle platforms.  Manufacturing for this contract will be undertaken in Senior Flexonics facilities in Olomouc (Czech Republic), Cape Town (South Africa) and Saltillo (Mexico).  The contract is for a new engine with Euro 7 specification, a set of regulations that stipulates emissions limits and sets emission-relevant minimum durability requirements.  Production is due to commence in Q4 2026 and the programme is set to last a minimum of eight years.

The two contract awards continue the positive momentum of new order intake for Senior’s Flexonics and Aerospace divisions.  At the Group’s recent Q1 2025 trading update, Senior announced a healthy book-to-bill of 1.34 in the Period, reflecting strong order intake and underpinning the Group’s strong confidence in continued growth in 2025 and beyond.

Commenting on the awards, Mike Sheppard, CEO of Senior Flexonics said: “These significant new multi-year contract awards illustrate Senior’s ability to work in partnership with our customers and demonstrate our capabilities and emissions reduction technologies across different powertrains including internal combustion, hybrid and electric vehicle engines.  With our expertise in fluid conveyance and thermal management, Senior is uniquely well-positioned to provide innovative solutions for customers by designing and manufacturing bespoke products & systems that meet their specific requirements.”

Commenting, David Squires, CEO of Senior plc said: “These new contract wins continue the strong recent momentum across the Group, with significant new order intake across both our Flexonics and Aerospace divisions.  The strength of our order book, combined with our leading positions in high-technology fluid conveyance and thermal management applications underpins our confidence for continued growth in 2025 and beyond”.

Share on:
Find more news, interviews, share price & company profile here for:

    Aptamer Group extends Unilever collaboration for deodorant Optimers

    Aptamer Group has secured additional paid work from Unilever under their existing collaboration, advancing Optimers as deodorant actives with expanded stability testing ahead of on‑person trials.

    JPMorgan European Discovery Trust to host manager webinar today

    Portfolio managers Jack Featherby and Jules Bloch will present an update on Europe’s economic upswing, portfolio enhancements and recent performance on Monday 21 July 2025 at 3:00 pm BST, followed by an online Q&A.

    CyanConnode fully funds Goa smart metering contract

    CyanConnode has secured full external funding for its Goa smart metering project, preserving its balance sheet and enabling rapid delivery. A further US$7.5 million convertible loan note strengthens working capital as it targets India’s national rollout.

    Jubilee Metals posts strong Q4 FY2025 performance

    Jubilee Metals delivered exceptional safety and production results in South Africa, reducing its injury rate to 1.33 while boosting chrome concentrate output 19.9% to 505 578 t and annual chrome production 24.8% to 1 932 798 t. PGM output rose 14.6% to 8 973 oz in Q4 and 6% to 38 579 oz for the year, beating guidance. The company targets 1.65–1.80 Mt of chrome and 36 000–40 000 oz of PGM for FY2026.

    Avation delivers ATR 72-600 to CLIC Air

    Avation has delivered an ATR 72-600 to Colombian regional airline CLIC Air following scheduled maintenance checks and reconfiguration. The delivery marks Avation’s entry into the South American market and highlights the team’s capacity to remarket and transition aircraft to quality lessees.

    MS International appoints John Meldrum as Executive Director

    MS INTERNATIONAL appoints John Meldrum as Executive Director with immediate effect. John has led the UK Defence and Security division since 2019 and has worked at the Company for over 18 years.

      Search

      Search