Longspur Clean Energy - Luceco - Growth Continues Across the Board

21 hours ago

Research on Luceco PLC (LUCE:LON) from Longspur Clean Energy

Luceco’s trading update has highlighted strong continued growth, with c.£68m of revenues in Q1 marking c.11% year-on-year organic revenue growth. Management have also updated their guidance, with adjusted operating profit now expected to exceed £40m. This has been driven by broad based demand across the majority of product categories and sales channels, and from the company’s energy transition-related product offering, where there is clear momentum in EV Charging and Demand Flexibility. We have updated our forecasts for FY26 and FY27 to reflect the improved revenue and operating profit outlook. Our central case valuation has been upgraded to 255p accordingly.

View Full Research

Disclaimer & Declaration of Interest

The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

Market Sectors

ECR Minerals completes Paleogold acquisition, significant boost to gold production imminent

Blencowe Resource boosts Orom-Cross resource with major update from Beehive

88 Energy upgrades South Prudhoe resource estimate as Augusta drilling target grows

Tooru reports strong trading momentum as EBITDA growth continues into 2026

Metals One signs uranium waste dump deal with DISA Technologies

Victorian Plumbing Group: Research

IP Group: Research

Restore: Research

Alien Metals: Research

Orosur Mining: Research

Oriole has 1.2 million ounces of gold from surface at Mbe

This commodity cycle will be bigger than 2002-2007

Bradda Head poised to benefit from lithium rebound

Halo Minerals plans IPO for high-margin Chilean copper tailings

The most extraordinary week in commodities I've ever witnessed

Longspur Clean Energy - Luceco - Growth Continues Across the Board