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Luceco (LUCE): Profit upgrade

This situation live

LUCE Luceco

£300m · 204.0p · +45% since the first step
Upgrade / downgrade cycle
Profit upgrade
guidance raised · fourth in 12 months
Directionahead of expectations / raised
Reaction on the day−6%
In 12 months5 statements in the same direction
Company's wordsStrong momentum delivering 14.5% increase in Adjusted Operating Profit mainly driven by our Energy Transition performance 2026 Adjusted Operating Profit expected to be ahead of market expectations ↗

As of 22 Sep 2026 ↗

Since Oct 2023: 659 situations of this kind; median share price +2% six months after they opened

Every step · 5
  1. 29 Jan 2026 guidance raised · +7% on the day – Strong performance in 2025 delivers results ahead of market expectations Momentum continues into 2026 ↗
  2. 25 Mar 2026 guidance raised · +8% on the day – Continued momentum in Energy Transition drives 2025 profit growth and strong outlook 2026 earnings expected ahead of market consensus ↗
  3. 19 May 2026 guidance raised · +2% on the day – Strong Q1 performance, broad-based growth and sustained Energy Transition momentum support upgraded full-year outlook 2026 Adjusted Operating Profit... ↗
  4. 28 Jul 2026 guidance raised · -12% on the day – Strong H1 growth led by Energy Transition; FY26 Adjusted Operating Profit expected above £40m and FY27 expected ahead of consensus ↗
  5. 22 Sep 2026 guidance raised · fourth in 12 months – Strong momentum delivering 14.5% increase in Adjusted Operating Profit mainly driven by our Energy Transition performance 2026 Adjusted Operating Profit... ↗

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
29 Jan 2026 · guidance raised · +7% on the day
Latest
22 Sep 2026 · guidance raised · -6% on the day
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...

  1. Act 1Steady margins and cash, then a first deal
  2. Act 2Two acquisitions, a shipping scare and £69m of debt
  3. Act 3Paying down debt while EV sales took off
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Answered from its own announcements and reported figures, every statement linked to its source.

From the company's own announcements. Not investment advice.

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 cycleResults ahead of expectations – ahead of expectations · second in 12 months · closed Insider conviction2 directors buying – £117k in 2 buys · closed Luceco – company page →

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