Luceco‘s H1 2026 trading update, published on 27 July 2026, reported revenue up approximately 13% year-on-year to £143 million for the six months ended 30 June 2026, with Adjusted Operating Profit rising approximately 14% to £15.8 million.
The company, which manufactures wiring accessories, LED lighting, and portable power products, also said it expects full-year 2026 Adjusted Operating Profit to exceed £40 million, with FY2027 Adjusted Operating Profit expected ahead of current analyst consensus.
Luceco H1 Trading Update: Energy Transition Drives Outperformance
The standout figure in the London Stock Exchange announcement was the Energy Transition segment, which includes EV charging and Demand Flexibility products. That division grew approximately 120% in the first half.
Core products rose 6% over the same period. Adjusted operating margins edged up to 11.1%, from a base set when the group generated full-year 2025 revenue of approximately £271 million.
The H1 figures were confirmed via the Luceco H1 2026 Trading Update on Investegate, which carried the full revenue and profit disclosures.
Full-Year Guidance Ahead of Consensus
The upgraded FY2026 profit guidance and the signal on FY2027 mark a continuation of recent momentum. In its 2025 Full Year Trading Update, published 29 January 2026, Luceco reported FY2025 revenue of approximately £271 million, up 12% from the prior year, with EV charging sales surging approximately 85% to around £18 million.
At that point, Adjusted Operating Profit for 2025 was projected to be at least £33.5 million, a rise of approximately 15% and ahead of the then-analyst consensus of £31.9 million. The H1 2026 result suggests that pattern of beating expectations has continued into the current year.
The group, which trades on the London Stock Exchange under the ticker LUCE and carries a market capitalisation of £382 million at 260p per share, has seen its Energy Transition division shift from a niche offering to a material revenue driver within the space of two reporting periods.
Luceco also navigated a leadership change during the first half. The company announced a CEO retirement via regulatory news on 15 June 2026, and appointed a new Non-Executive Director three days later, according to its regulatory announcement log on Investegate. The H1 update made no reference to the transition disrupting operations.
The group had already flagged positive momentum earlier in the year. A Q1 2026 Trading Update was issued on 19 May 2026, alongside the AGM result, setting an upbeat tone heading into the half-year close.
The FY2027 guidance signal is the detail the market will weigh most carefully. If Adjusted Operating Profit for 2026 exceeds £40 million and 2027 comes in ahead of current consensus, Luceco will have delivered three consecutive years of profit beats, each accompanied by EV charging volumes that were underestimated at the start of the period.
