6th Jun 2016 12:55
(ShareCast News) - Wolseley: JP Morgan reiterates neutral with a target price of 4100p. Cairn Energy: RBC reiterates sector perform with a 250p target. Shire: Jefferies reiterates buy with a target price of 6050p and Exane BNP Paribas stays at outperform. Cobham: JP Morgan keeps at neutral with a
Read more7th Mar 2016 08:17
(ShareCast News) - The aerospace division of Avingtrans, Sigma Components, has signed a 10-year contract with Rolls-Royce valued at more than £75m. The FTSE 250 engineering company said the contract was to supply pipe assemblies for a range of engine programmes including the rapidly growing Trent XW
Read more17th Feb 2016 11:44
(ShareCast News) - Low oil prices made for a tougher first half at Avingtrans, with revenues down in the six months to 30 November, but profit up significantly. The AIM-traded manufacturer of critical components for the aerospace, energy and medical sectors saw revenue reduce by 5% to £26.3m over th
Read more15th Feb 2016 12:05
(ShareCast News) - AIM-listed Avingtrans said that it has signed a three-year £3.5m deal with Californian security screening specialist Rapiscan to provide parts for a new airport scanner. Avingtrans, which designs, makes and supplies critical components, modules and associated services to the aeros
Read more29th Jan 2016 14:32
(ShareCast News) - Avingtrans took a chunk of the ailing Rolls-Royce group on Friday, announcing the purchase of its internal pipe manufacturing business and the two related facilities in Nuneaton, UK and Xi'an, China. The AIM-traded company said the deal was worth £3.5m, which was to be funded by t
Read more19th Jun 2015 07:36
Avingtrans announced on Friday that Sigma Components, which is part of its aerospace division, has signed a five-year contract worth £5m to supply fabricated assemblies to Sonaca for Airbus, Bombardier and Embraer programmes. Following the deal, Sigma will become the sole supplier to Sonaca for crit
Read more25th Feb 2015 14:40
The industrial engineering category was at the bottom of the pile on Wednesday as the share prices of sector peers Weir Group, Avingtrans and Molins all dropped sharply on the back of disappointing results. Blue chip engineer Weir, which operates in the minerals, oil and power markets, plunged over
Read more25th Feb 2015 11:57
Shares in component manufacturer for the medical, energy, industrial and aerospace sectors Avingtrans fell 9.5% on Wednesday due to forecasts of aerospace customer reductions and the decline of oil prices. Revenues in the group dropped 14% to £27.5m during the first half of the year as the slump in
Read more24th Nov 2014 11:56
Avingtrans took a hit on Monday after warnings profit would be hit by a number of short-term issues across its divisions in its latest trading update. As a result, the group now expects revenue and profitability for the current financial year to be similar to that reported for the 2014 financial yea
Read more1st Oct 2014 11:55
Avingtrans cheered with its full year results after posting a 33% rise in revenue to a record £60.3m thanks to recent acquisitions and a strong performance by its aerospace division. However, the group also operates a energy and medical division that would have seen a 7% reduction in growth had it n
Read more6th Aug 2014 10:20
Aggreko: Jefferies raises target price from 1800p to 2000p and keeps a buy recommendation. Investec ups target price from 1650p to 1700p and leaves its hold recommendation unchanged. Avingtrans: FinnCap cuts target price from 170p to 155p downgrading from buy to hold. Aviva: Jefferies initiates wi
Read more22nd Jul 2014 09:37
Abcam: N+1 Singer places both its target price (prev.: 346p) and its sell recommendation under review. Amiad Water Systems: Oriel lowers target price from 350p to 340p and retains a buy recommendation. Ashmore Group: Espirito Santo ups target price from 371p to 404p, while downgrading to neutral.
Read more3rd Jun 2014 16:24
Tony Chanmugam, the Group Finance Director of BT Group, has taken advantage of the recent run in the group's share price, selling 125,000 shares at 400p apiece. The value of the stock initially fell after the telecoms giant posted record fourth quarter consumer revenues as investors engaged in a p
Read more3rd Apr 2014 14:59
A couple of hefty share purchases from directors in AIM-listed Toumaz sent the 'internet of things' company's shares flying on Thursday. Chief Executive Anthony Sethill bought £48,450 worth of shares at 3.23p, while Chairman Sir Richard Steeves topped that by shelling out £420,050 at 3.88p and most
Read more2nd Apr 2014 09:39
Avingtrans, an AIM-listed manufacturer of critical components and associated services to the global aerospace, energy and medical sectors, announced that Sigma Components, part of its Aerospace Division, has signed a 10-year long-term agreement (LTA) with Rolls-Royce. The contact is valued at aroun
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