Engineering group Goodwin plc expects to double its pre-tax profit in the financial year ending 30 April 2026, projecting earnings of more than £71 million compared to £35.5 million in 2025.
The company attributed the growth to its strong order book, valued at around £365 million, and increased visibility across several defence and nuclear programmes that have not yet been included in its confirmed pipeline. All divisions contributed to the group’s performance, though profitability and growth varied across its business units.
Goodwin noted that its newly developed Polyimide Division is expected to start contributing to earnings in the next financial year.
The board expressed confidence in the group’s ongoing expansion, citing consistent product quality and a solid pipeline of long-term contracts as key drivers.
In its leadership update, the firm announced the appointment of Adam Deeth as finance director and Anthony Thomas as director, effective 28 October 2025. Deeth, who joined Goodwin in 2022, previously served as group chief accountant, while Thomas, who joined in 2019, has been group general counsel since 2021.
Founded in the 19th century, Goodwin remains one of the UK’s longest-standing engineering firms with operations spanning foundry, mechanical, and materials engineering.
