Avingtrans Plc
("Avingtrans" or the "Company" or the "Group")
Pre-Close Trading Update
Avingtrans (AIM:AVG), a manufacturer of critical components and associated
services to the global aerospace, energy and medical sectors is pleased to
announce an update on trading ahead of its financial year end of 31 May 2013.
Group trading is in line with market expectations. Overall market trends for
the Group continue to be broadly positive, especially for Aerospace.
Steve McQuillan, CEO of Avingtrans, commented: "As we near the end of this
transformational year for the Group, I am pleased to report that the two recent
acquisitions in Aerospace are integrating well and in line with expectations,
and that the business as a whole is proceeding to plan."
Notice of Results
The Group expects to report its full year results for the year ending 31 May
2013, the week commencing the 23 September 2013.
Enquiries:
Avingtrans plc
0115 949 9020
Steve McQuillan, CEO
Stephen King, CFO
Numis Securities Limited 020 7260 1000
David Poutney (Corporate Broking)
Richard Thomas (Corporate Finance and Nominated Adviser)
Newgate Threadneedle
020 7653 9850
(Financial PR)
Josh Royston
Heather Armstrong
About Avingtrans
Avingtrans plc is engaged in the provision of highly engineered components
and services to the Aerospace, Energy and Medical markets worldwide.
The business is made up of 2 divisions:
Aerospace, engaged in the manufacture of rigid pipe assemblies, fabrications
and prismatic components - both metallic and composite - for the global
aerospace market and precision polishing of aircraft components and;
Energy and medical, engaged in the manufacture of machined and fabricated
pressure and vacuum vessels and components for the energy, medical, science and
research communities. Plus, design and manufacture of fabricated poles and
cabinets for roadside safety cameras and rail track signalling.
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