# Aero parts supplier Senior’s H1 profit rises on strong demand Published: 2024-08-05 Category: News Category URL: https://internationalreleases.com/category/news/ Meta Title: Senior Plc sees 10% profit rise on aerospace demand Meta Description: British aerospace engineer Senior Plc sees soaring profits driven by demand for commercial aircraft and higher defense spending. Find out more! URL: https://internationalreleases.com/aero-parts-supplier-seniors-h1-profit-rises-on-strong-demand/ ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qsjkhn001iwirgrmrp8k0j/images/2024-08-05t061959z1lynxmpek7406krtroptp4senior-results-1736747065032-compressed.webp) (Reuters) -British [aerospace](https://internationalreleases.com/desperately-seeking-staff-paris-airshow-lets-jobless-in-for-free/) engineer Senior Plc posted a 10% rise in its first-half profit on Monday, buoyed by demand for commercial aircraft and higher defence spending. Senior, an aero parts supplier to Boeing and Airbus, reported adjusted operating profit of 25.1 million pounds ($31.9 million), up from 22.9 million [pounds](https://internationalreleases.com/uks-costa-coffee-to-give-workers-9-pay-rise/) last year. Aerospace and defence firms have been benefiting from an increased demand for airplanes as flying hours reach the pre-pandemic levels, offsetting production caps at Boeing. “The group’s diversified position across key civil and defence aircraft platforms, strong order intake and increasing aircraft build rates are expected to drive good growth in [Aerospace](https://internationalreleases.com/desperately-seeking-staff-paris-airshow-lets-jobless-in-for-free/) for the full year,” CEO David Squires said in a statement. Sales at the Flexonics division dropped as land vehicle markets started to normalise and upstream oil & gas customers reduced inventory levels, the firm said. The Flexonics unit makes fluid conveyance and thermal management components for vehicles and power and energy applications. ($1 = 0.7857 [pounds)](https://internationalreleases.com/uks-costa-coffee-to-give-workers-9-pay-rise/) (Reporting by Prerna Bedi in Bengaluru; Editing by Sherry Jacob-Phillips) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---