Energy transition powers Luceco to upgraded profit outlook
Luceco has upgraded its profit expectations for 2026 after a stronger first half, driven by rapid growth in its Energy Transition business.
The Telford-based designer and manufacturer of wiring accessories, EV chargers and LED lighting now expects full-year adjusted operating profit to come in ahead of analyst consensus of £40.9m.
The group's Energy Transition arm more than doubled its revenues to £18m, helping to drive a 13% increase for the group to £143m in the six months to June. Adjusted operating profits were up 15% to ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
