Business
Full Year 2026 audited results
Carclo plc reported full year audited results for the year ended 31 March 2026, with revenue of £114.2 million, a decrease of 5.8% from the prior year, while underlying operating profit increased by 28.1% to £12.6 million. The company achieved its mid-term financial targets for Return on Sales (ROS) at 11.0% and Return on Capital Employed (ROCE) at 29.1%, both ahead of schedule. Net debt increased slightly to £23.9 million, primarily due to a one-off pension contribution. The company also announced its "Precision 2030" growth plan, aiming for organic revenue growth of over 8% annually and a net debt to EBITDA ratio of less than 0.5x by 2030. Disclaimer*
About this update from Carclo Plc
[{"type":"text","content":"\n\nCarclo plc\nFull Year audited results for the year ended 31 March 2026\nCarclo plc (\"Carclo\", the \"Group\" or the \"Company\"), a global precision engineering group with comprehensive, end-to-end manufacturing capabilities announces its audited full year results for the 12 months ended 31 March 2026 (\"FY26\").\nBusiness highlights\nOperational & Strategic\n· Achieved the previously set mid-term financial targets for Return on Sales (\"ROS\") and Return on Capital Employed ('ROCE'), ahead of plan providing a strong platform to support further sustainable profitable growth\n· Continued improvements in operational efficiency and manufacturing standardisation drove margin improvement\n· Significant long-term contract renewal secured with a major life sciences customer\n· Sustained strong health and safety performance across the Group with Incident Frequency Ratio of 0.7 per 100,000 hours worked (FY25: 0.7)\nFinancial\n· Revenue of £114.2 million (FY25: £121.2 million), with CTP accounting for £98.2 million (down 8.2%) and Speciality delivering £16.0 million (up 12.5%) reflecting the rebalancing and management of our portfolio with a focus on higher margin contracts as demonstrated in our increased profitability, along with a reduction in D&E activity and foreign exchange headwinds\n· Underlying operating profit of £12.6 million, up 28.1% (FY25: £9.8 million) driven by operational efficiencies and focus on higher margin business\n· ROS improved to 11.0% (FY25: 8.1%), ahead of the 10% target set in 2022\n· ROCE improved to 29.1%, ahead of the 25% target set in 2022\n· Net Debt/underlying EBITDA of 1.3x a slight increase on prior year, largely driven by a one-off additional pension contribution of (£5.1m) in April 2025\n\n\n\n\n\n\n\n2026\n\n\n2025\n\n\nChange\n\n\n\n\nRevenue\n\n\n£114.2m\n\n\n£121.2m\n\n\n-5.8%\n\n\n\n\nUnderlying EBITDA1\n\n\n£18.6m\n\n\n£16.4m\n\n\n+13.6%\n\n\n\n\nUnderlying operating profit 1\n\n\n£12.6m\n\n\n£9.8m\n\n\n+28.1%\n\n\n\n\nCash generated from operations 1\n\n\n£12.0m\n\n\n£19.1m\n\n\n-37.1%\n\n\n\n\n Net Debt\n\n\n£...