- Two new Airbus contracts in February
- Boeing should maintain its master schedule
The performance of Senior (SNR) is bound up with the post-pandemic recovery narrative. So it was perhaps unsurprising that the UK aerospace engineer chose to crank up the full-year dividend on the back of a 54 per cent increase in net earnings. However, the reported earnings boost was largely attributable to a favourable tax outcome for the year. And, despite the double-digit increase in the top line, the group’s operating margin increased by a relatively modest 10 basis points to 3.93 per cent.