Acquisitive manufacturer upbeat with results ahead

Roger McDowell, chairman of Avingtrans
Avingtrans, which designs, manufactures and supplies original equipment to the energy and medical sectors, said this morning it expects turnover, operating and pre-tax profits to be ahead of market expectations after a year of “excellent trading progress”. In an update on its performance for the year to the end of May, the company, which has several operations across the West Midlands, expects to report turnover of around £104m and an operating profit of around £5.8m (pre-exceptionals), being approximately 18% ahead of expect... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...