Power Probe PLC (LSE:PWR), a provider of automotive electrical diagnostic tools for professional technicians, said trading during 2026 has remained positive and in line with management expectations as the company continues to strengthen its international presence through a product portfolio of more than 120 solutions. The group said its growth strategy remains centred on product quality, innovation and customer support.
The company highlighted a strong recovery in gross margins, driven by its focus on branded products and higher-margin private label offerings. Management also confirmed that planned product launches remain on schedule for the second half of the year, resulting in revenue expectations being weighted towards that period. Despite ongoing geopolitical tensions and shipping concerns linked to the Middle East, the business reported no significant operational disruption to date.
Chief executive Chema Garcia said the company has delivered meaningful strategic progress ahead of its first annual general meeting as a publicly listed business, despite a backdrop of wider economic uncertainty. Power Probe expects to issue a further trading update covering the first six months of 2026 before releasing its interim results, providing investors with additional visibility on performance and business momentum.
More about Power Probe Plc
Power Probe PLC is a California-founded manufacturer of automotive electrical diagnostic tools designed for professional service technicians. Established in 1992, the company has developed a globally recognised brand with a portfolio of more than 120 products, built around a commitment to quality, innovation and customer support. Its mission is focused on making automotive diagnostics simpler and more efficient for technicians worldwide.
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