Senior predicted to meet forecasts

Global manufacturing group Senior said its profits were in line with expectations for the trading period from July and for the rest of the financial year. In an interim statement, the firm said cash generation was “healthy”, with net debt of £61m at the end of September – £10m lower than at the start of the year. Senior said its aircraft market was sound, with Airbus and Boeing delivering 921 aircraft in the first nine months of the year, compared to 841 in the same period last year.It said its flexonics division’s efficiency drive had stemmed losses within the group’s French auto business but was hit by weaker demand in the North American heavy-duty diesel engine market.