QuickView: Dealing with pressure
Senior has been a very positive story over the last decade, although market performance this year has been weak. However, as a further step in augmenting growth, the purchase of Steico Industries appears to be a positive for the new CEO. Despite difficult trading conditions in some markets, Senior is bearing up relatively well and should benefit from rising aerospace volumes in the coming years.Senior is a holding company. Through its subsidiaries, Co. is an international engineering solutions provider with operations in 14 countries. Co. designs, manufactures and markets components and systems for the original equipment producers in the aerospace, defense, land vehicle and energy markets. Co. operates in two divisions: Aerospace, which serves both the commercial aerospace and defense markets with a range of products and systems for structures, fluid conveyance, and gas turbine engines; and Flexonics, which serves markets with products for land vehicle emission control and industrial process control applications.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
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