A visit to one of Senior’s key aerospace facilities has confirmed the high quality nature of the Group’s offering in this area and highlighted the strong growth opportunities in commercial aerospace. The shorter term impact of US heavy truck, off-highway and Industrial markets has overshadowed the growing potential of the Aerospace business, which now accounts for c.75% of operating profit. With increasing content on the major new commercial aircraft programmes, Senior is well placed to benefit over the next 5 to 10 years and we remain confident in Senior’s position as a Best Idea for 2016. Buy.