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Avingtrans (LON:AVG) - Expanding the offering

Wednesday, Feb 22 2012 by

Feb 22nd 2012 - Edison Investment Research today published a report on Avingtrans (AVG.L, LSE:AVG, LON:AVG) entitled "Expanding The Offering". In summary, the report says:

Avingtrans’ interims have demonstrated the benefits of targeting growth markets through global OEMs. With revenues increased across the board, bar UK-focused Crown, Avingtrans is now building for the visible opportunity ahead in terms of capex, working capital and through the acquisition of Composites Engineering Group (CEG). This takes the business into the structural growth aerospace composites market and allows it to provide an integrated composite and metal component offering. With good order flow highlighting deepening customer relationships, we feel Avingtrans is well placed to continue delivering on its global ambitions.




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Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »