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FY26 Trading Update & Notice of Interim Results
Chesterfield Special Cylinders Holdings plc will release its FY26 interim results on May 20, 2026, reporting first-half revenue of £6.4 million, an increase from £5.4 million in the prior year, and an adjusted EBITDA loss of £0.8 million, an improvement from a £1.3 million loss. While overseas defence orders strengthened, including a new contract for naval submarine Integrity Management services, delays in UK naval deployments and UK Hydrogen Allocation Round projects will impact FY26 performance. The company now anticipates full-year revenue and adjusted EBITDA to be similar to the previous year's £16.6 million revenue and £0.8 million adjusted EBITDA, which is slightly below market expectations of £1.0 million adjusted EBITDA. Disclaimer*
About this update from Chesterfield Special Cylinders Holdings Plc
[{"type":"text","content":"\n\nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, (\"MAR\"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Upon the publication of this announcement via a Regulatory Information Service, this inside information will be considered to be in the public domain.\n30 April 2026\n \nChesterfield Special Cylinders Holdings plc\n(\"CSC\" or the \"Company\")\nFY26 Trading Update & Notice of Interim Results\nChesterfield Special Cylinders Holdings plc (AIM: CSC) will release its FY26 interim results for the six-month period ended 28 March 2026 on Wednesday 20 May 2026.\nTrading in the first half of the year was broadly in line with management expectations, and the Company expects to report a first-half revenue of £6.4 million (2025: £5.4 million) and an adjusted EBITDA* loss of £0.8 million after central costs (2025: loss £1.3 million).\nIn the first half, the Company strengthened its overseas defence order book and secured its first order for Integrity Management services on overseas naval submarines. However, some UK naval Integrity Management deployments originally expected in FY26 have been postponed into FY27 due to delayed fleet docking schedules.\nThe Company remains frustrated by continued delays to the roll out of UK Hydrogen Allocation Round (HAR) projects and any related contract wins will now come too late to benefit FY26 results.\nOverall, the Company now anticipates a full-year revenue and adjusted EBITDA performance at similar levels to the previous year (2025: revenue of £16.6 million, adjusted EBITDA of £0.8 million), slightly behind market expectations (adjusted EBITDA of £1.0 million).\n* Adjusted EBITDA is earnings / loss before interest, tax, depreciation, amortisation and other exceptional costs\nAdditional information:\nThe person responsible for arranging release of this announcement on behalf of the Company is Chris Walters, Chief Executive.\nFor further information, please contact:\n\n\n\n\nChesterfield Special Cylinders Holdings plc\nChris Walters, Chief Executive\nSally Millen, Director of Finance\n\n\nTel: 0333 015 0710\ncompany.secretary@csc-h...
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