Luceco (LUCE): Profit upgrade
This situation live
LUCE Luceco
9 Sep 2025 · guidance raised · +10% on the day · +10% until the next step
Revenue growth was supported by £15.5m of revenue from acquisitions, in addition to 2.0% like-for-like organic growth, once again outperforming our key end markets.
11 Nov 2025 · guidance raised · +6% on the day · +6% until the next step
As a result, Luceco is on track to achieve another year of strong revenue and profit growth and our profit expectations for the full year will now be towards the upper end of market expectations.
29 Jan 2026 · guidance raised · +7% on the day · +15% until the next step
2025 has been another year of strong growth and this performance is underpinned by our sustainable competitive advantages of superior channel access, agile product innovation capabilities, vertically
25 Mar 2026 · guidance raised · +8% on the day · +39% until the next step
The momentum from the end of 2025 has continued through the first quarter of 2026, with like-for-like double-digit revenue growth for the first two months of 2026.
19 May 2026 · guidance raised · +2% on the day · −6% until the next step
Growth of 80% in the EV charging category, including Demand Flexibility, is a clear highlight and I am particularly pleased by the strong growth achieved by the Group's core products.
28 Jul 2026 · guidance raised · -12% on the day · −1% until the next step
Luceco delivered another strong first half, with revenue up c.13% and adjusted operating profit up c.14%.
22 Sep 2026 · guidance raised · fourth in 12 months · −8% since
Energy Transition growth is at the heart of these results, with first half revenue increasing from £2m in 2022 to £18m in 2026.
Profit upgrade
guidance raised · fourth in 12 months
Directionahead of expectations / raised
Reaction on the day−6%
In 12 months6 statements in the same direction
Company's wordsEnergy Transition growth is at the heart of these results, with first half revenue increasing from £2m in 2022 to £18m in 2026. ↗
As of 22 Sep 2026 ↗
Since Oct 2023: 1145 situations of this kind; median share price +0% six months after they opened
Every step · 7
- 9 Sep 2025 guidance raised · +10% on the day – Revenue growth was supported by £15.5m of revenue from acquisitions, in addition to 2.0% like-for-like organic growth, once again outperforming our key end markets. ↗
- 11 Nov 2025 guidance raised · +6% on the day – As a result, Luceco is on track to achieve another year of strong revenue and profit growth and our profit expectations for the full year will now be... ↗
- 29 Jan 2026 guidance raised · +7% on the day – 2025 has been another year of strong growth and this performance is underpinned by our sustainable competitive advantages of superior channel access, agile... ↗
- 25 Mar 2026 guidance raised · +8% on the day – The momentum from the end of 2025 has continued through the first quarter of 2026, with like-for-like double-digit revenue growth for the first two months of 2026. ↗
- 19 May 2026 guidance raised · +2% on the day – Growth of 80% in the EV charging category, including Demand Flexibility, is a clear highlight and I am particularly pleased by the strong growth achieved by... ↗
- 28 Jul 2026 guidance raised · -12% on the day – Luceco delivered another strong first half, with revenue up c.13% and adjusted operating profit up c.14%. ↗
- 22 Sep 2026 guidance raised · fourth in 12 months – Energy Transition growth is at the heart of these results, with first half revenue increasing from £2m in 2022 to £18m in 2026. ↗
What is happening
Luceco: Profit upgrade – guidance raised · fourth in 12 months. ['guidance raised · fourth in 12 months']
- In short
- Luceco raised its guidance on 22 Sep 2026; the shares moved −6% on the day. It is the fourth such statement in 12 months.
- Announced
- 9 Sep 2025 · guidance raised · +10% on the day
- Latest
- 22 Sep 2026 · guidance raised · -6% on the day
From the company's own announcements. Not investment advice.
Briefing
Luceco in 4 minutes
Luceco makes the sockets, switches, LED lights, portable power products and EV chargers that electricians fit in British homes and workplaces, largely from its own factory in Jiaxing, China. For years it grew a few...
- Act 1Steady margins and cash, then a first deal
- Act 2Two acquisitions, a shipping scare and £69m of debt
- Act 3Paying down debt while EV sales took off
Also at Luceco 1 open
OverhangBlackRock, Inc. selling down – 12% → 5% in 6 notices
Insider conviction1 director buying – £50k in 1 buy · closed
Insider conviction2 directors buying – £170k in 2 buys · closed
Upgrade / downgrade cycleProfit upgrade – guidance raised · third in 12 months · closed
Insider conviction2 directors buying – £117k in 2 buys · closed
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