Tue, 07th Jul 2020 10:07
(ShareCast News) - Critical components manufacturer Avingtrans announced on Tuesday that Maloney Metalcraft, part of Avingtrans' Energy and Medical division, has secured a £3.5m contract with EDF Energy to supply components for their current fleet of seven nuclear power stations across the UK. The A
Read more(ShareCast News) - Wolseley: JP Morgan reiterates neutral with a target price of 4100p. Cairn Energy: RBC reiterates sector perform with a 250p target. Shire: Jefferies reiterates buy with a target price of 6050p and Exane BNP Paribas stays at outperform. Cobham: JP Morgan keeps at neutral with a
Read more(ShareCast News) - The aerospace division of Avingtrans, Sigma Components, has signed a 10-year contract with Rolls-Royce valued at more than £75m. The FTSE 250 engineering company said the contract was to supply pipe assemblies for a range of engine programmes including the rapidly growing Trent XW
Read more(ShareCast News) - Low oil prices made for a tougher first half at Avingtrans, with revenues down in the six months to 30 November, but profit up significantly. The AIM-traded manufacturer of critical components for the aerospace, energy and medical sectors saw revenue reduce by 5% to £26.3m over th
Read more(ShareCast News) - AIM-listed Avingtrans said that it has signed a three-year £3.5m deal with Californian security screening specialist Rapiscan to provide parts for a new airport scanner. Avingtrans, which designs, makes and supplies critical components, modules and associated services to the aeros
Read more(ShareCast News) - Avingtrans took a chunk of the ailing Rolls-Royce group on Friday, announcing the purchase of its internal pipe manufacturing business and the two related facilities in Nuneaton, UK and Xi'an, China. The AIM-traded company said the deal was worth £3.5m, which was to be funded by t
Read more