Interim results show a good profit improvement and confirm that trading is on track to be in line with full-year forecasts. The period has seen good organic growth of 11%, with a strong increase in aftermarket revenues and a pick-up in 3M3 nuclear container production for Sellafield. With trading on track for full-year expectations, we make minimal changes to forecasts, and reaffirm our 272p price target, which points to strong upside to current levels and with some exciting prospects over th

27 Feb 2019
Avingtrans - Interim results – on track for FY forecasts

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Avingtrans - Interim results – on track for FY forecasts
Avingtrans plc (AVG:LON) | 410 0 0.0% | Mkt Cap: 135.7m
- Published:
27 Feb 2019 -
Author:
David Buxton -
Pages:
8 -
Interim results show a good profit improvement and confirm that trading is on track to be in line with full-year forecasts. The period has seen good organic growth of 11%, with a strong increase in aftermarket revenues and a pick-up in 3M3 nuclear container production for Sellafield. With trading on track for full-year expectations, we make minimal changes to forecasts, and reaffirm our 272p price target, which points to strong upside to current levels and with some exciting prospects over th