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21 May 2013 15:42
AVINGTRANS PLC - Trading UpdateAVINGTRANS PLC - Trading Update
PR Newswire
London, May 21
Avingtrans (AIM:AVG), a manufacturer of critical components and associatedservices to the global aerospace, energy and medical sectors is pleased toannounce an update on trading ahead of its financial year end of 31 May 2013.
Group trading is in line with market expectations. Overall market trends forthe Group continue to be broadly positive, especially for Aerospace.
Steve McQuillan, CEO of Avingtrans, commented: "As we near the end of thistransformational year for the Group, I am pleased to report that the two recentacquisitions in Aerospace are integrating well and in line with expectations,and that the business as a whole is proceeding to plan."
Notice of Results
The Group expects to report its full year results for the year ending 31 May2013, the week commencing the 23 September 2013.
Enquiries: Avingtrans plc 0115 949 9020 Steve McQuillan, CEO Stephen King, CFO Numis Securities Limited 020 7260 1000David Poutney (Corporate Broking)
Richard Thomas (Corporate Finance and Nominated Adviser)
Newgate Threadneedle 020 7653 9850 (Financial PR) Josh Royston Heather Armstrong About AvingtransAvingtrans plc is engaged in the provision of highly engineered componentsand services to the Aerospace, Energy and Medical markets worldwide.
The business is made up of 2 divisions:Aerospace, engaged in the manufacture of rigid pipe assemblies, fabricationsand prismatic components - both metallic and composite - for the globalaerospace market and precision polishing of aircraft components and;
Energy and medical, engaged in the manufacture of machined and fabricatedpressure and vacuum vessels and components for the energy, medical, science andresearch communities. Plus, design and manufacture of fabricated poles andcabinets for roadside safety cameras and rail track signalling.
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