Avingtrans announced on Friday that Sigma Components, which is part of its aerospace division, has signed a five-year contract worth £5m to supply fabricated assemblies to Sonaca for Airbus, Bombardier and Embraer programmes. Following the deal, Sigma will become the sole supplier to Sonaca for crit
Read moreThe industrial engineering category was at the bottom of the pile on Wednesday as the share prices of sector peers Weir Group, Avingtrans and Molins all dropped sharply on the back of disappointing results. Blue chip engineer Weir, which operates in the minerals, oil and power markets, plunged over
Read moreShares in component manufacturer for the medical, energy, industrial and aerospace sectors Avingtrans fell 9.5% on Wednesday due to forecasts of aerospace customer reductions and the decline of oil prices. Revenues in the group dropped 14% to £27.5m during the first half of the year as the slump in
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