15th Sep 2020 13:28
Avingtrans PLC - Cambridgeshire-based systems and services for energy, medical and industrial sectors - Ahead of results for financial year that ended May 31, due on September 30, provides update on first quarter of financial 2021. Overall order intake is in line with management expectations, with trading conditions "gradually normalising". During the recent quarter, Hayward Tyler Inc unit wins nuclear contract in South Korea worth USD2.8 million, to be delivered this financial year. Hayward Tyler Fluid Handling also wins contract in UK worth GBP1.5 million to provide replacement valves for a nuclear plant operator.
Current stock price: 245.40 pence
Year-to-date change: down 12%
By Tom Waite; [email protected]
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