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UK aerospace supplier Senior Plc posts half-year loss

British aerospace supplier Senior Plc swung to a loss in the first half of 2020 and shelved its interim dividend as costs rose and its sales were hammered by coronavirus-driven cuts across the air industry and other manufacturing partners.

Aug 3 (Reuters) - British aerospace supplier Senior Plc SNR.L swung to a loss in the first half of 2020 and shelved its interim dividend as costs rose and its sales were hammered by coronavirus-driven cuts across the air industry and other manufacturing partners.

The company, which counts planemaker Boeing BA.N and heavy equipment maker Caterpillar CAT.N as some of its biggest customers, reported a pretax loss of 136.3 million pounds ($178.44 million), compared with a profit of 26.5 million pounds a year earlier.

($1 = 0.7638 pounds)

(Reporting by Yadarisa Shabong and Pushkala Aripaka in Bengaluru; Editing by Subhranshu Sahu)

((Yadarisa.Shabong@thomsonreuters.com; Twitter: https://twitter.com/Yadarisa; +919742735150;))

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