Revenue rises but margins narrow for Avingtrans
28th Feb 2024 13:25
(Sharecast News) - Avingtrans reported a 30.4% increase in first-half revenue in its interim results on Wednesday, to £65.2m, compared to £50.0m in the same period last year.
Read moreAvingtrans wins 'safe nuclear waste' storage contracts
11th Oct 2023 09:57
(Sharecast News) - Critical components designer Avingtrans has secured two national contracts that aim to make "safe nuclear waste" for long-term storage of the UK's legacy of nuclear assets.
Read moreAvingtrans revenue rises amid supply chain disruption
22nd Feb 2023 12:55
(Sharecast News) - Engineering group Avingtrans reported a revenue increase to £50m for its first-half on Wednesday, compared to £44.5m for the same period in 2021.
Read moreAvingtrans trading in line, makes two HVAC acquisitions
16th Jan 2023 16:06
(Sharecast News) - Energy, medical and industrial technology developer Avingtrans said in an update on Monday that trading in the first six months of its financial year was in line with market expectations.
Read moreAvingtrans puts another £2m in Adaptix, appoints its CEO as chair
14th Dec 2022 16:54
(Sharecast News) - Avingtrans announced on Wednesday that its chief executive officer Steve McQuillan has been appointed as the non-executive chairman of the Oxford-based emerging medical technology business Adaptix.
Read moreAvingtrans unit secures two Korean nuclear contracts
11th Apr 2022 13:21
(Sharecast News) - Energy, medical and industrial system manufacturer Avingtrans announced on Monday that its Hayward Tyler unit has secured two new nuclear contracts worth $7m (£5.37m), to be completed before June 2023.
Read moreAvingtrans secures three new contracts
17th Mar 2022 10:19
(Sharecast News) - Critical components manufacturer Avingtrans has secured new contract wins in its Booth Industries, Energy Steel and Hayward Tyler trading arms.
Read moreSunday share tips: Mirriad, Avingtrans
20th Feb 2022 21:34
(Sharecast News) - The Sunday Times's Sabah Meddings told readers to buy shares of Mirriad, arguing that trends in advertising were going the company's way.
Read moreAvingtrans participates in £12.9m fundraise by Adaptix
13th Oct 2021 17:27
(Sharecast News) - Energy, medical and industrial technology company Avingtrans announced its £2.5m participation in a £12.9m fundraise by emerging medtech company Adaptix on Wednesday.
Read moreAvingtrans inks £4.4m Sellafield contract with Doosan Babcock
12th Jul 2021 09:23
(Sharecast News) - Critical components group Avingtrans has scored a contract worth £4.4m with Doosan Babcock to supply remote maintenance pumps for use by a leading UK nuclear energy company.
Read moreAvingtrans ends year in line with raised market expectations
8th Jul 2021 16:18
(Sharecast News) - Energy, medical and industrial components and systems supplier Avingtrans said on Thursday that its results for the year ended 31 May were expected to be at least in line with market expectations, revised upwards following its interim results in February.
Read moreAvingtrans enters into second phase of Sellafield contract
1st Jun 2021 11:24
(Sharecast News) - Avingtrans announced on Tuesday that Stainless Metalcraft, part of its process solutions and rotating equipment division, has agreed to enter into the second phase of the contract to provide high-integrity stainless steel storage boxes with Sellafield.
Read moreAvingtrans offloads Peter Brotherhood for £35m
12th Mar 2021 07:59
(Sharecast News) - Energy, medical and industrial components manufacturer Avingtrans has sold Peter Brotherhood to privately-held air and gas handling products company Howden Group, it announced on Friday, for a total consideration of £35m.
Read moreAvingtrans revenue 'stable' in first half
10th Feb 2021 15:32
(Sharecast News) - Energy and medical engineering company Avingtrans reported "stable" revenue for its first half on Wednesday, at £54.1m, compared to £54.3m a year earlier.
Read moreAvingtrans' medical equipment businesses to merge with Magnetica
5th Jan 2021 08:17
(Sharecast News) - Critical components manufacturer Avingtrans said on Tuesday that its two medical equipment businesses, Scientific Magnetics and Tecmag, will merge with Australian medtech and engineering company Magnetica.
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