The company has announced that its recently acquired subsidiary Booth Industries has won a landmark multi-year contract for the supply of high integrity protection doors for HS2 worth £36m. This contract also with other recent contracts validates the group’s acquisition of Booth. No change to forecasts in advance of tomorrow’s full year results. Clearly, today’s news will be very well received, with the shares looking undervalued.
29 Sep 2020
Avingtrans - £36m HS2 contract award
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Avingtrans - £36m HS2 contract award
Avingtrans plc (AVG:LON) | 390 0 0.0% | Mkt Cap: 129.1m
- Published:
29 Sep 2020 -
Author:
David Buxton -
Pages:
2
The company has announced that its recently acquired subsidiary Booth Industries has won a landmark multi-year contract for the supply of high integrity protection doors for HS2 worth £36m. This contract also with other recent contracts validates the group’s acquisition of Booth. No change to forecasts in advance of tomorrow’s full year results. Clearly, today’s news will be very well received, with the shares looking undervalued.