
08 Jan 2018
H1 in line, with initial HTG cost savings delivered
Avingtrans’ H1 trading update has confirmed good progress in the period, with all key financial indicators in line with management expectations. Market conditions are improving and the group has won c.£7m of new contracts. The integration of Hayward Tyler Group (HTG) is proceeding to plan, with improvements in profitability underway. Initial cost savings are being delivered as anticipated as a result of the now completed restructuring. Meanwhile long-term banking facilities have been renewed at ....

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H1 in line, with initial HTG cost savings delivered
Avingtrans plc (AVG:LON) | 420 0 0.0% | Mkt Cap: 139.0m
- Published:
08 Jan 2018 -
Author:
Singer CM Team -
Pages:
3 -
Avingtrans’ H1 trading update has confirmed good progress in the period, with all key financial indicators in line with management expectations. Market conditions are improving and the group has won c.£7m of new contracts. The integration of Hayward Tyler Group (HTG) is proceeding to plan, with improvements in profitability underway. Initial cost savings are being delivered as anticipated as a result of the now completed restructuring. Meanwhile long-term banking facilities have been renewed at ....