Avingtrans has announced that its subsidiary Booth Industries has secured a new £7.2m Government contract for safety doors. This brings the total value of contracts secured by Booth since the acquisition of its assets in June 2019 to over £12m, spread over the next two years. This new contract provides a welcomed underpin to our existing estimates for the turnaround at Booth and we therefore make no change to estimates.
30 Oct 2019
Booth secures large Government contract
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Booth secures large Government contract
Avingtrans plc (AVG:LON) | 405 0 0.0% | Mkt Cap: 134.0m
- Published:
30 Oct 2019 -
Author:
Richard Hickinbotham -
Pages:
3
Avingtrans has announced that its subsidiary Booth Industries has secured a new £7.2m Government contract for safety doors. This brings the total value of contracts secured by Booth since the acquisition of its assets in June 2019 to over £12m, spread over the next two years. This new contract provides a welcomed underpin to our existing estimates for the turnaround at Booth and we therefore make no change to estimates.