AvH published a solid trading statement, with all major segments contributing positively to the group’s revenues. With a record order book for Marine Engineering & Contracting and an increase in total client assets in the Private Banking segment, AvH’s prospects for the FY 23 are definitely looking good. Taken together with the net cash position of c.€550m, the Group retains the flexibility to strengthen its current portfolio and pursue new investment opportunities where it sees fit.
