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Companies >
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Industrials - Specialty & Parts >
Avingtrans >
Research >
Booth secures large Government contract

  • 30 Oct 2019

Booth secures large Government contract


Avingtrans | AVG | 270 0 0.0% | Mkt Cap: 84.7m


  • N+1 Singer
    • Richard Hickinbotham

    • 3 pages

Industrials - Specialty & Parts image


 
Industrials - Specialty & Parts image


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.


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