Senior plc is the holding company

Holding company

A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 for a global group of firms in the manufacturing

Manufacturing

Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...

 and engineering

Engineering

Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...

 industries, headquartered in Rickmansworth

Rickmansworth

Rickmansworth is a town in the Three Rivers district of Hertfordshire, England, 4¼ miles west of Watford.The town has a population of around 15,000 people and lies on the Grand Union Canal and the River Colne, at the northern end of the Colne Valley regional park.Rickmansworth is a small town in...

, Hertfordshire

Hertfordshire

Hertfordshire is a ceremonial and non-metropolitan county in the East region of England. The county town is Hertford.The county is one of the Home Counties and lies inland, bordered by Greater London , Buckinghamshire , Bedfordshire , Cambridgeshire and...

. The Company is listed on the London Stock Exchange

London Stock Exchange

The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

 and is a constituent of the FTSE 250 Index

FTSE 250 Index

The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...

.

History

Senior was originally established in 1933 by a group of former employees of Green's Economisers

Economizer

Economizers , or economisers , are mechanical devices intended to reduce energy consumption, or to perform another useful function such as preheating a fluid. The term economizer is used for other purposes as well. Boiler, powerplant, and heating, ventilating, and air-conditioning uses are...

 Ltd. as a rival concern. The company was listed on the London Stock Exchange

London Stock Exchange

The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

 as Senior Economisers Limited in 1947.

Operations

Senior's constituent companies are grouped in two divisions: Aerospace, which manufactures components and systems for clients in the aerospace industry

Aerospace manufacturer

An aerospace manufacturer is a company or individual involved in the various aspects of designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, and/or spacecraft....

; and Flexonics, which primarily supplies the automotive

Automotive industry

The automotive industry designs, develops, manufactures, markets, and sells motor vehicles, and is one of the world's most important economic sectors by revenue....

 and energy industries.

Financial information

Senior plc financial results.

Year to April	Revenue Revenue In business, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. In many countries, such as the United Kingdom, revenue is referred to as turnover....  (£million)	EBIT Earnings before interest and taxes In accounting and finance, earnings before interest and taxes is a measure of a firm's profit that excludes interest and income tax expenses. Operating income is the difference between operating revenues and operating expenses...  (£m)	Net profit Net income Net income is the residual income of a firm after adding total revenue and gains and subtracting all expenses and losses for the reporting period. Net income can be distributed among holders of common stock as a dividend or held by the firm as an addition to retained earnings...  (£m)	Earnings per share Earnings per share Earnings per share is the amount of earnings per each outstanding share of a company's stock.In the United States, the Financial Accounting Standards Board requires companies' income statements to report EPS for each of the major categories of the income statement: continuing operations,...  (p)
2010	566.9	62.2	40.4	10.1
2009	540.1	61.0	39.0	8.9
2008	562.4	59.8	39.2	10.6
2007	470.7	41.5	27.9	7.7
2006	387.9	24.5	15.2	4.7
2005	338.6	19.6	12.1	3.8
2004	306.8	17.1	6.5	3.4
2003	322.9	18.9	4.6	3.0

Note: Accounts to 2003 prepared according to United Kingdom Generally Accepted Accounting Principles

Generally Accepted Accounting Principles

Generally Accepted Accounting Principles refer to the standard framework of guidelines for financial accounting used in any given jurisdiction; generally known as accounting standards...

. Accounts from 2004 onwards prepared according to International Financial Reporting Standards

International Financial Reporting Standards

International Financial Reporting Standards are principles-based standards, interpretations and the framework adopted by the International Accounting Standards Board ....

.

Shareholder structure

At 26 February 2010 seven institutions held a share of greater than 3% in Senior. Of these, the largest stakeholders were BlackRock

BlackRock

BlackRock, Inc. is an American multinational investment management corporation and the world's largest asset manager. BlackRock is headquartered in Manhattan, New York City, New York, United States and is the leading provider of investment, advisory, and risk management solutions...

 (12.28%), Scottish Widows Investment Partnership

Scottish Widows

Scottish Widows plc is a life, pensions and investment company located in Edinburgh, Scotland, and is a subsidiary of Lloyds Banking Group. Its product range includes life assurance, pensions, investments and savings...

 (8.50%), Henderson Global Investors

Henderson Group

Henderson Group plc is a global investment management company with its principal place of business in the City of London. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. It is also listed on the Australian Securities Exchange as a member of the ASX200 index...

 (7.40%), Legal & General Asset Management

Legal & General

Legal & General Group Plc , commonly known as Legal & General, is a multinational financial services company headquartered in London, United Kingdom. Its products include life insurance, general insurance, pensions and investments. It has operations in the United Kingdom, Egypt, France, Germany,...

 (6.39%). All of the company's shares are considered free float.