First half results leave the group well placed to meet full year expectations. The statement highlights good progress in integrating Booth Industries and Energy Steel, significant new business wins that support Group results and provide good longer–term visibility, and a limited P/L impact from the first time adoption of IFRS16. Overall management remain optimistic about future prospects and the realisation of value consistent with the Group’s PIE (‘Pinpoint, Invest, Exit&rs
26 Feb 2020
Trading in-line with full year expectations
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Trading in-line with full year expectations
Avingtrans plc (AVG:LON) | 390 0 0.0% | Mkt Cap: 129.1m
- Published:
26 Feb 2020 -
Author:
Richard Hickinbotham -
Pages:
3
First half results leave the group well placed to meet full year expectations. The statement highlights good progress in integrating Booth Industries and Energy Steel, significant new business wins that support Group results and provide good longer–term visibility, and a limited P/L impact from the first time adoption of IFRS16. Overall management remain optimistic about future prospects and the realisation of value consistent with the Group’s PIE (‘Pinpoint, Invest, Exit&rs