Morgan Advanced Materials
Financial highlights
2025 full year results at a glance
See RNS for full details on financial figures. This video was generated with the assistance of AI.
The business has delivered a resilient performance against a backdrop of challenging markets. Demand in our end-markets has now broadly stabilised and, on an organic constant-currency basis*, revenue has remained stable since the second half of 2024.
Damien Caby, CEO
The strategy update in December 2025 set out a clear path for action and we are now executing at pace. We are transforming our operations to drive stronger more profitable growth in our chosen markets.
As part of our focus on maximising portfolio value, we are undertaking a strategic review of our Thermal Products division and further updates will be provided in due course. We remain confident in delivering sustainable above market organic revenue growth and returning the Group to a 12% margin by 2028.
