Senior H1 FY26 adjusted profit before tax rises 38% to £34.8 million; revenue increases 5% to £390.8 million

• Senior posted a pretax loss of GBP 5.6 million, swinging from profit, after GBP 38.9 million of corporate undertakings tied to the Bidco deal.
• Operating profit rose 30% to GBP 37.7 million, while revenue increased 5% to GBP 390.8 million.
• Adjusted profit before tax climbed 38% to GBP 34.8 million, with adjusted operating margin widening 1.6 percentage points to 10%.
• Free cash flow increased 54% to GBP 16.3 million, while net debt excluding capitalised leases rose to GBP 89.4 million.
• Senior expects the Zeus UK Bidco acquisition to complete by end-2026, with 10 of 12 required regulatory approvals already secured.

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