As guided in an update from July, technology and components supplier Senior (SNR) saw its revenue drop by 30 per cent year-on-year in the six months to 30 June, to £409m. This came as its aerospace business was hampered by the ongoing grounding of Boeing’s (US:BA) 737 Max jet and then hit by the Covid-19 pandemic in the second quarter.
Join our community of smart investors
Subscribe today and enjoy unlimited access:
- Comprehensive companies coverage
- Actionable commentary, ideas and portfolios
- Tools and data to help you manage and track investments.
- Help managing your portfolio