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580.00    0.00 (0.00%)
Bid:
570.00
Ask:
590.00
Spread: 20.00 (3.509%)
Market Cap: £195.01m
AVG Live PriceLast checked at - London Stock Exchange

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Avingtrans flags better-than-expected full-year earnings

Wed, 28th May 2025 10:39

(Sharecast News) - Avingtrans said in an update on Wednesday that it expects to report adjusted EBITDA ahead of market expectations for the financial year ending 31 May, driven by stronger-than-anticipated performance in its Advanced Engineering Systems (AES) division.

The AIM-traded specialist engineering firm, which serves the energy, medical and industrial sectors, said revenue was expected to be in line with forecasts based on unaudited management accounts.

It said a more detailed trading update would be published in mid-June.

At 0937 BST, shares in Avingtrans were up 3.5% at 414p.

Reporting by Josh White for Sharecast.com.

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