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Publication of Annual Report and Accounts

28th Apr 2025 16:37

RNS Number : 4915G
Velocity Composites PLC
28 April 2025
 

28 April 2025

Velocity Composites plc

("Velocity" or the "Company")

 

Publication of Annual Report and Accounts

 

Velocity Composites plc (AIM: VEL), the leading supplier of composite material kits to aerospace, confirms that the Company's audited results for the twelve months ended 31 October 2024 were posted to shareholders on 29 January 2025 and were simultaneously made available on its website.

 

 

Enquiries:

 

Velocity Composites plc

+44 (0) 1282 577577

Andy Beaden, Chairman

 

Jon Bridges, CEO

 

Rob Smith, Chief Financial Officer

 

 

 

Canaccord Genuity Limited

+44 (0) 20 7523 8000

Nominated Adviser and Joint Broker

 

Max Hartley

 

George Grainger

 

 

 

Dowgate Capital Limited

+44 (0) 20 3909 7715

Joint Broker

 

Russell Cook

 

Nick Chambers

 

 

 

SEC Newgate

+44 (0)7540 106 366

Financial Communications

[email protected]

Robin Tozer

 

George Esmond

 

Harry Handyside

 

 

 

 

 

About Velocity Composites plc

Based in Burnley, UK, Velocity is the leading supplier of composite material kits to aerospace and other high-performance manufacturers, that reduce costs and improve sustainability. Customers include Airbus, Boeing, and GKN.

 

By using Velocity's proprietary technology, manufacturers can also free up internal resources to focus on their core business. Velocity has significant potential for expansion, both in the UK and abroad, including into new market areas, such as wind energy, urban air mobility and electric vehicles, where the demand for composites is expected to grow.

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