Velocity Composites

VEL · AIM · Industrial Goods and Services · mcap £8.9m · 16.2p

Velocity Composites cuts and packs composite materials into ready-to-use kits for aircraft makers, mainly for Airbus A350 wings, military programmes and US engine work. It operates from the UK and a US facility.

Target	Promise	Said	Status
Today · 11 Oct 2026
2026
31 Oct 2026	Overhead reduction saving about £0.6m annualised in FY26	5 Nov 2025	… In progress
	“The overhead reduction activities are likely to yield further annualised savings of approximately £0.6m” Status so far Not yet due.
31 Oct 2026	Begin transfer of final US work programme in H2 FY26	26 May 2026	… In progress
	“the process is now committed to begin in H2 26, with completion anticipated as the Group enters FY27” Status so far Not yet due.
31 Oct 2026	FY26 adjusted EBITDA about £0.5m with positive year-end cash	24 Jun 2026	… In progress
	“we expect to deliver full year sales revenue performance in line with previous guidance, with a significant weighting towards the second half” Status so far Not yet due.
2029
9 Jul 2029	Five-year contracted revenue of £100m with 10% EBITDA margin	9 Jul 2024	… In progress
	“The Board have set a five-year target of achieving a contracted revenue of £100m and 10% EBITDA margin” Status so far Not yet due.