Last checked at 4 Jan 2007 07:00
Embargoed: 0700hrs, 4 January 2007
Avingtrans Plc ("Avingtrans" or "The Group") Trading Update
Avingtrans, a UK-based manufacturer and supplier of MRI scanner components and aerospace components, services and actuators, is pleased to announce that its new 30,000 sq. ft manufacturing facility in Chengdu, China is now operational and has produced, and invoiced for, its first components.
The Company is also pleased to report that B&D Patterns Ltd, the manufacturer and supplier of critical jet engine components to the aerospace industry acquired in September 2006, has recorded improved sales on the corresponding period last year and that the process of integration within the Group's aerospace division is well underway.
Order intake for the Group in the first six months of the year was up on the corresponding six months of last year with current trading in line with management expectations.
Avingtrans will report interim results for the six months ended 30 November 2006 on Wednesday 21 February 2007.
For further information please contact,
Avingtrans plc
Ken Baker, Chairman
Steve Lawrence, Managing Director
Tel. 01159 499 020Hansard GroupBen Simons/Adam ReynoldsTel. 020 7245 1100
AVINGTRANS PLC