Trading Update and Notice of Results

By

Regulatory News | 13 Jan, 2021

Updated : 07:05

RNS Number : 4563L
Avingtrans PLC
13 January 2021
 

13 January 2021

Avingtrans Plc

("Avingtrans" or "The Group")

Trading update and notice of interim results

 

Avingtrans PLC (AIM: AVG), which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors, is pleased to announce it has continued to perform well in the first half of the financial year and is trading in line with market expectations.

 

The Group will publish its results for the six months ended 30 November 2020 on Wednesday 10 February 2021.

 

There will be a webinar / conference call for equity analysts at 09:30 on the day of results, 10 February 2021, hosted by Chief Executive , Steve McQuillan; and Chief Financial Officer, Stephen King.  Analysts wishing to register for the call should contact  Avingtrans@newgatecomms.com  where further details will be provided.

Enquiries:

Avingtrans plc

01354 692391

Roger McDowell, Chairman

Steve McQuillan, Chief Executive Officer

Stephen King, Chief Financial Officer

 

 

N+1 Singer (Nominated Adviser)

02074 963000

Shaun Dobson/Alex Bond (Corporate Finance)

Rachel Hayes (Corporate Broking)

 

 

Newgate (Financial PR)

02076 539850

Adam Lloyd/ Tom Carnegie

 

 

 

About Avingtrans plc:

Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.

 

Business units

Hayward Tyler - Luton & East Kilbride, UK and USA, China and India

Specialises in the design, manufacture and servicing of performance-critical motors and pumps for challenging environments.

 

Energy Steel, Inc - Lapeer, Michigan, USA

Provider of custom fabrications for the nuclear industry, specialising in: OEM parts obsolescence; custom fabrications; engineering design solutions; product refurbishment; on-site technical support.

 

Stainless Metalcraft Ltd - Chatteris, UK and Chengdu, China

Provider of safety-critical equipment for the energy, medical, science and research communities, worldwide, specialising in precision pressure and vacuum vessels and associated fabrications, sub-assemblies and systems.

 

Booth Industries - Bolton, UK

Designs, manufactures, installs and services doors and walls which can be tailored to be: blast &explosion proof; fireproof; acoustically shielded; high security/safety; or combinations of the above

 

Ormandy Group, Bradford, UK

Design, manufacturers and servicing of off-site plant, heat exchangers and other HVAC (heating, ventilation and air conditioning) products

 

Peter Brotherhood - Peterborough, UK

Specialises in the design, manufacture and servicing of performance-critical steam turbines, turbo gen-sets, compressors, gear boxes and combined heat and power systems.

 

Composite Products Ltd - Buckingham, UK

Centre for composite technology, parts and assemblies, serving customers in industrial markets.

 

Scientific Magnetics - Abingdon, UK

Designs and manufactures superconducting magnet systems and associated cryogenics for a variety of markets including MRI and provides services for Nuclear Magnetic Resonance instruments.

 

Tecmag Inc, Houston, USA

Designs, manufactures and installs instrumentation, including consoles, system upgrades, and probes, mainly for Magnetic Resonance Imaging (MRI) and Nuclear Magnetic Resonance (NMR) systems.

 

 

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