The group has issued a trading update confirming that it believes that results for the year to May 2020 will be broadly in line with previous management expectations for revenue and profit, and that net debt is also expected to be no greater than previous guidance. The statement notes that despite the impact of COVID-19, many parts of the Group are continuing to operate as normal and to benefit as previously disclosed from a robust order book and prospect pipeline. Prudent measures are nonethele ....
09 Apr 2020
Trading update and COVID-19
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Trading update and COVID-19
Avingtrans plc (AVG:LON) | 405 0 0.0% | Mkt Cap: 134.0m
- Published:
09 Apr 2020 -
Author:
Richard Hickinbotham -
Pages:
3
The group has issued a trading update confirming that it believes that results for the year to May 2020 will be broadly in line with previous management expectations for revenue and profit, and that net debt is also expected to be no greater than previous guidance. The statement notes that despite the impact of COVID-19, many parts of the Group are continuing to operate as normal and to benefit as previously disclosed from a robust order book and prospect pipeline. Prudent measures are nonethele ....