A Welsh subsidiary of a private equity-backed US supplier of aerospace services, structures, systems and support has reported an increased loss in its latest results amid rising costs. However, revenue increased with order book growth continuing to recover on key commercial platforms.
Based in Deeside, North Wales, Triumph Aerospace Operations UK Ltd is a subsidiary within conglomerate Triumph Group’s UK-based design and manufacturing capabilities, specialising in hydraulic components and structural aerospace assemblies.
In July 2025, Triumph Group completed its acquisition by affiliates of private equity firms Warburg Pincus and Berkshire Partners in an all-cash deal valued at approximately $3bn, taking the company private and removing it from the New York Stock Exchange.
Newly-filed accounts for Triumph Aerospace Operations UK Ltd for the year ended 31 March 2025 show the company made a loss for the year of £4.4m, an increase of £270,027 on the prior period..
Revenue for the business rose by 12 per cent during the year to £48.3m.
A statement accompanying the results said this was a direct result of rising costs within the supply chain, and changes in the foreign exchange rates driving additional costs.
The statement added: “The business continues to review technological and economic changes in the aviation sector to position its
products in line with core competencies and incorporation of technological changes.
“The company continues to develop its business development activity across all areas of the business and believes that it is well placed for further future successes with the innovative and agile approach offered to customers.”