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Avingtrans (AVG) Share News

IN BRIEF: Hargreaves Services, Avingtrans chair takes sabbatical

5th Jun 2023 08:45

Hargreaves Services PLC - Durham, England-based land, property and infrastructure development; Avingtrans PLC - Cambridgeshire, England-based company which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors - Both companies note that Chair Roger McDowell of both companies is taking a sabbatical for "family health reasons" with immediate effect. Both say he is expected to resume his duties as chair in September, while remaining a director of both during the intervening period. Avingtrans Senior Independent Director Les Thomas will assume the position of Avingtrans interim chair with immediate effect, while Hargreaves Services Senior Independent Director Nigel Halkes similarly takes over as Hargreaves Services interim chair. Read More

IN BRIEF: Avingtrans lifts interim dividend as revenue, profit rises

22nd Feb 2023 13:53

Avingtrans PLC - Cambridgeshire, England-based company which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors - Reports revenue of GBP50.0 million for the six months ended on November 30, up 12% from GBP44.5 million a year before. Pretax profit is up 3.1% to GBP3.3 million from GBP3.2 million, while adjusted pretax profit amounts to GBP4.0 million, up 5.3% from GBP3.8 million the year before. Adjusted earnings before interest, tax, depreciation and amortisation is up 11% to GBP6.4 million from GBP5.7 million. Declares an interim dividend of 1.7 pence per share, up 6.3% from 1.6p a year prior. Read More

UK earnings, trading statements calendar - next 7 days

15th Feb 2023 15:52

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IN BRIEF: Avingtrans says investee Adaptix appoints new chair

15th Feb 2023 11:33

Avingtrans PLC - Cambridgeshire, England-based company which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors - Says investee Adaptix Ltd has appointed Willem Baralt as its new chair, succeeding Avingtrans Chief Executive Officer Steve McQuillan, who joined the Adaptix board on an interim basis December. McQuillan will continue as a non-executive director. Read More

Avingtrans associate Adaptix receives clearance for imaging product

30th Jan 2023 13:13

(Alliance News) - Avingtrans PLC on Monday said that its associate company, Adaptix Ltd, has received clearance from the US Food & Drug Administration for its first orthopaedic medical imaging product. Read More

IN BRIEF: Avingtrans up stake in Australia's Magnetica to 74%

18th Jan 2023 14:31

Avingtrans PLC - Cambridgeshire-based supplier of components to energy, medical and industrial sectors - Increases stake in Australian subsidiary Magnetica Ltd to 74% from 61% after contributing AUD6.2 million, about GBP3.5 million, toward AUD11.1 million capital raise by Magnetica. The Brisbane-based company develops orthopaedic magnetic resonance imaging technology. Read More

TRADING UPDATES: t42 IoT Tracking Solutions and Zenova win contracts

16th Jan 2023 12:50

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

TRADING UPDATES: HeiQ increases stake in Chrisal; Safestyle names CEO

14th Dec 2022 21:33

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

Avingtrans says current trading in line with market expectations

17th Nov 2022 16:57

(Alliance News) - Avingtrans PLC announced on Thursday that its current trading is in line with market expectations. Read More

Avingtrans cautiously optimistic despite order delays and disruption

28th Sep 2022 15:14

(Alliance News) - Avingtrans PLC on Wednesday said it remains cautiously confident about its strategic direction in the face of widening expenses and production delays. Read More

UK earnings, trading statements calendar - next 7 days

21st Sep 2022 16:00

Read More

TRADING UPDATES: Michelmersh Brick, Mattioli Woods on-track for growth

7th Jul 2022 16:48

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: WANdisco bookings up; STM legal appeal denied

11th Apr 2022 21:14

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

Avingtrans's Energy Steel wins USD4.1 million nuclear contract

21st Mar 2022 14:35

(Alliance News) - Critical components manufacturer Avingtrans PLC said on Monday its Energy Steel division has secured a USD4.1 million contract from Nuclear Waste Partnership LLC. Read More

IN BRIEF: Avingtrans wins several new contracts across business

17th Mar 2022 14:46

Avingtrans PLC - provides components and systems for the energy, medical and industrial sectors - Announces new contracts wins for its businesses. Booth Industries, a specialist door manufacturer, wins contract worth GBP6 million for specialist doors with an unspecified UK government agency. Comes 12 months after a similar contract. Read More

Avingtrans on hunt for acquisitions as reinstates interim payout

23rd Feb 2022 11:37

(Alliance News) - Avingtrans PLC on Wednesday said it delivered "robust" results in its financial first half and is "cautiously optimistic" about achieving full-year market expectations, while it is on the look out for acquisition opportunities. Read More

TRADING UPDATES: Wincanton to top forecasts; Kier sees results in-line

20th Jan 2022 20:48

TRADING UPDATES: Wincanton to top forecasts; Kier sees results in-line Read More

UK shareholder meetings calendar - next 7 days

15th Nov 2021 16:05

UK shareholder meetings calendar - next 7 days Read More

TRADING UPDATES: Victoria and Brickability report revenue progress

13th Oct 2021 20:00

TRADING UPDATES: Victoria and Brickability report revenue progress Read More

Avingtrans swings to pretax profit and reinstates full-year dividend

29th Sep 2021 09:43

Avingtrans swings to pretax profit and reinstates full-year dividend Read More

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