SNR Senior Plc

RNS Number:6212V
Senior PLC
27 April 2007



At Senior plc's Annual General Meeting held today, Chairman, James Kerr-Muir,
said:

"Senior delivered a strong performance in 2006. Compared to the prior year,
sales increased by 15%, adjusted operating profit rose by 32% and adjusted
earnings per share increased by 22%.

The Group's Aerospace and Flexonics Divisions both reported improved operating
results in 2006. Aerospace performed particularly well, with the group
capitalising on the continuing strong demand for commercial aircraft, and
benefiting from the excellent contribution of the two businesses acquired in
2006, Sterling Machine and AMT.

For the first time in seven years, an increase in the dividend is being
proposed. It is envisaged that this is the first step towards a progressive
dividend policy and demonstrates the Board's confident outlook for the Group.

The strong demand for commercial aircraft has continued as expected through the
first quarter of 2007 with both Airbus and Boeing reporting increased production
levels, orders in excess of deliveries and consequently larger order books. In
the Flexonics Division, all of the Group's new heavy duty diesel products for
the North American market are now in production and prospects for future
developments in this sector remain healthy. Markets for the Group's
energy-related products have been strong, fuelled by the buoyant oil and gas,
emissions and solar markets. Passenger vehicle markets in both Europe and the
USA have been flat.

It was previously announced that I would be retiring from the Board this year
and I can now confirm that, after more than ten years as a Director of the
Company and six years as non-executive Chairman, I will be stepping down on 1
May 2007. I am pleased to welcome Martin Clark, a non-executive Director of the
Company for six years, as the new non-executive Chairman and David Best, who
will be joining the Board as a non-executive director on the same day.

Overall, the Group has started 2007 strongly with trading for the first three
months of the year in line with the Board's expectations. The Group is well
placed for future growth and I wish it every success for the future."


For further information please contact:

Senior plc
Graham Menzies, Group Chief Executive                      01923 714702
Mark Rollins, Group Finance Director                       01923 714738

Finsbury Group
Adrian Howard                                              020 7251 3801

This announcement, together with other information on Senior plc may be found
at: www.seniorplc.com

Note to Editors:

Senior is an international manufacturing group with operations in 11 countries.
Senior designs, manufactures and markets high technology components and systems
for the principal original equipment producers in the worldwide civil aerospace,
defence, diesel engine, exhaust system and energy markets.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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