Avingtrans (AVG)

Sector:

Engineering

Index:

FTSE AIM All-Share

330.00p
   
  • Change Today:
    -5.00p
  • 52 Week High: 470.00
  • 52 Week Low: 330.00
  • Currency: UK Pounds
  • Shares Issued: 32.90m
  • Volume: 37,915
  • Market Cap: £108.56m
  • RiskGrade: 130

Avingtrans wins 'safe nuclear waste' storage contracts

By Iain Gilbert

Date: Wednesday 11 Oct 2023

LONDON (ShareCast) - (Sharecast News) - Critical components designer Avingtrans has secured two national contracts that aim to make "safe nuclear waste" for long-term storage of the UK's legacy of nuclear assets.
Avingtrans said on Wednesday that Stainless Metalcraft, part of its energy and medical division, had won the contracts, one of which was new and the other being an extension to an existing contract, valued at £14.5m.

The AIM-listed group highlighted that the additions had boosted Metalcraft's forward order book to more than £75.0m over the next six years.

Metalcraft will produce stainless steel waste containers that will be used to store intermediate-level legacy waste. Additionally, Metalcraft secured a contract from a new client to prepare concrete waste containers to support decommissioning of the now-retired fleet of UK nuclear power plants.

Divisional managing director Austen Adams said: "We are proud to be a part of this national mission of utmost importance. Winning these additional contracts is a testament to our production capability in Cambridgeshire and the incredible potential of our team members, who are highly skilled and ready to tackle these new challenges in the future decommissioning market.

"This challenge highlights the finest aspects of UK manufacturing while the benefit of a large forward order book enables us to invest in the people essential to the success of the challenge. We are looking forward to fulfilling these contracts and more to follow."

As of 0955 BST, Avingtrans shares were up 5.10% at 409.90p.







Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Avingtrans Market Data

Currency UK Pounds
Share Price 330.00p
Change Today -5.00p
% Change -1.49 %
52 Week High 470.00
52 Week Low 330.00
Volume 37,915
Shares Issued 32.90m
Market Cap £108.56m
RiskGrade 130

Avingtrans Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.69% below the market average48.69% below the market average48.69% below the market average48.69% below the market average48.69% below the market average
51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average
Price Trend
37.27% below the market average37.27% below the market average37.27% below the market average37.27% below the market average37.27% below the market average
44.44% below the sector average44.44% below the sector average44.44% below the sector average44.44% below the sector average44.44% below the sector average
Income
42.19% below the market average42.19% below the market average42.19% below the market average42.19% below the market average42.19% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Growth
23.59% below the market average23.59% below the market average23.59% below the market average23.59% below the market average23.59% below the market average
57.58% below the sector average57.58% below the sector average57.58% below the sector average57.58% below the sector average57.58% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
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Avingtrans Dividends

  Latest Previous
  Final Interim
Ex-Div 26-Oct-23 11-May-23
Paid 08-Dec-23 13-Jun-23
Amount 2.80p 1.70p

Trades for 23-Feb-2024

Time Volume / Share Price
16:35 949 @ 330.00p
16:35 949 @ 330.00p
15:45 220 @ 331.75p
15:32 28 @ 331.75p
15:05 600 @ 337.00p

Avingtrans Key Personnel

Finance Director Stephen King
Chair Roger Steven McDowell
CEO Stephen McQuillan

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