Avingtrans has issued a year end update confirming that FY21E trading is at least in-line with market expectations. The statement highlights a strong net cash position (excluding IFRS 16 lease liabilities) in excess of £23m (2020: net debt £7.4m) that benefited from the disposal of Peter Brotherhood for £30.6m (net) in March 2021. The Board has also confirmed the reinstatement of the final dividend that will compensate for the earlier non-payment of the interim dividend. We continue to see oppor ....
