Sign In
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- US Share Prices
- Stock Tips
- Share Chat
- FX
- News & RNS
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
Avingtrans flags better-than-expected full-year earnings
(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.
Avingtrans Shares in this article
Latest News
- IN BRIEF: Tapir Holdings 2025 profit and income falls sharply
27 mins ago - Zenith Energy updates on arbitration against Tunisia; cites timeframe
31 mins ago - Swatch claiming $170 million in damages against Samsung over trademark infringement, FT reports
32 mins ago - Deutsche Bank downgrades Tate & Lyle to 'hold' after Ingredion deal
34 mins ago - WINNERS & LOSERS: Distribution Finance optimistic for annual results
34 mins ago - Physiomics hails progress despite one-off costs to replace board
35 mins ago - IN BRIEF: ICFG profit falls as listing costs weigh
40 mins ago
Related News
LONDON MARKET MIDDAY: Stocks mixed but no "contagion" from US sell-off
(Alliance News) - The FTSE 100 was higher at midday on Wednesday, boosted by Segro after it rejected an "opportunistically timed" takeover proposal, a...
Segro
Avingtrans flags full-year profit in line with expectations
(Sharecast News) - Avingtrans said on Wednesday that full-year profit was set to be in line with market expectations after the engineering group secur...
Avingtrans profit in line but hit by US Covid loan repayment demand
(Alliance News) - Avingtrans PLC on Wednesday said full-year profit will be in line with market expectations but said it will need to unexpectedly rep...
Follow the stocks
