25th Jun 2024 12:17
Aurrigo International PLC - Coventry, England-based provider of smart airside solutions - Issues trading statement ahead of Tuesday's annual general meeting. Reports continued positive trading momentum in the first half of financial 2024, in line with management expectations. Notes good progress with the phased deployments of its automated smart aviation solutions in key airport hubs around the world. This includes the delivery of an Auto-DollyTug to a major UK airport for first trial operations and the commencement of Auto-Sim airport modelling as part of the initial phase of the airport launch. Aurrigo says testing continues to go well, and it expects to complete further deliveries of Auto-DollyTug's to customers under existing contracts in the near term. Further, says the Automotive division continues to perform in line with expectations, including the winning of new customers and additional projects from existing customers.
Current stock price: 94.40 pence
12-month change: down 29%
By Jeremy Cutler, Alliance News reporter
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