REG - Avingtrans PLC - Booth Industries secures £8.5m HS2 & TfL contracts

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RNS Number : 9258W  Avingtrans PLC  28 August 2025

28 August 2025

Avingtrans Plc

("Avingtrans", the "Company", or the "Group")

Booth Industries secures new HS2 & TfL contracts worth £8.5m

Avingtrans PLC (AIM: AVG), which designs, manufactures and supplies critical
components, modules, systems and associated services to the energy, medical
and industrial sectors, is delighted to announce its wholly owned subsidiary,
Booth Industries, has secured a contract worth in excess of £7.5 million over
4 years to supply high-integrity steel doorsets for HS2's Old Oak Common
station. In addition to this, the Company has been awarded a strategically
significant multi-year contract to provide maintenance services for the tunnel
doors on the Elizabeth Line for Transport for London, worth up to £1 million
in total.

The contracts follow Booth Industries' £4.5 million order in January this
year to supply pressure-rated fire doors for an additional phase of the HS2
project. This further reinforces the Bolton-based manufacturer's growing role
within the UK's high-speed rail programme, a relationship which commenced in
September 2020, when Booth was awarded an initial contract to supply 300
cross-passage doors for the London to Birmingham section of the route. In
total Booth's outstanding order book with HS2 still exceeds £40m,
notwithstanding on-going deliveries and milestone achievements over the past
few years.

Old Oak Common is expected to become one of the UK's busiest and most
strategically important rail hubs, providing a critical interchange between
HS2, the Elizabeth Line, and National Rail services. The doorsets to be
supplied by Booth Industries will play a key role in safeguarding passengers,
ensuring fire integrity, and supporting secure access control within this
high-profile transport environment. Engineered to meet a wide range of
stringent performance criteria, the doors will be manufactured with robust
construction standards to ensure durability throughout the station's design
life and deliver long-term protection.

These contract wins further reinforce the Group's ability to deliver on market
forecasts in FY26 and beyond.

Mike Jenkinson, managing director of Booth Industries, said: "The two new
contracts are great news for our business and build on our work on Crossrail,
the Northern Line extension and earlier phases of HS2. It demonstrates the
value HS2 places on our unmatched design and manufacturing expertise,
developing high-integrity doorsets that meet the most demanding safety and
performance standards, as well as our proven experience delivering complex
infrastructure projects around the world.

"The extension of our contract with Transport for London underscores the
strength and reliability of our maintenance capabilities, which have been
carefully developed and refined in recent years. By leveraging decades of
industry expertise alongside a market-leading service proposition, we ensure
that performance-critical infrastructure continues to operate with the highest
standards of safety, efficiency, and longevity."

Austen Adams, Divisional Managing Director of the AES division of Avingtrans,
said: "We are delighted that once again HS2 has chosen Booth Industries to
deliver a performance-critical part of the high-speed rail network.

"The team has a strong track record of innovation in the sector, recently
developing a range of new, market-leading doorsets that offer unparalleled
fire performance of more than four hours.

"The lessons learned from this innovation, alongside Booth's previous work for
HS2 and other rail infrastructure contracts, have informed the designs for the
new contracts, reinforcing Booth's position as the specialist provider in the
sector for high-integrity products that have global market potential."

 

Enquiries:

 Avingtrans plc                                          01354 692 391
 Roger McDowell, Chairman

 Steve McQuillan, Chief Executive Officer

 Stephen King, Chief Financial Officer

 Singer Capital Markets (Nominated Adviser and Broker)   020 7496 3000
 Sara Hale

 Alex Bond

 Oliver Platts

 IFC Advisory (Financial PR)                             020 3934 6630
 Graham Herring

 Tim Metcalfe

 Zach Cohen

 

About Avingtrans plc:

Avingtrans designs, manufactures and supplies original equipment, systems and
associated aftermarket services to the energy, medical and industrial markets
worldwide.

Business units

 Hayward Tyler - Luton, East Kilbride UK, USA, China and India

 Specialises in the design, manufacture and servicing of performance-critical
 motors and pumps for challenging environments.

 Energy Steel, Inc - Rochester Hills, Michigan, USA

 Provider of custom fabrications for the nuclear industry, specialising in: OEM
 parts obsolescence; custom fabrications; engineering design solutions; product
 refurbishment; on-site technical support.

 Stainless Metalcraft Ltd - Chatteris, UK

 Provider of safety-critical equipment for the energy, medical, science and
 research communities, worldwide, specialising in precision pressure and vacuum
 vessels and associated fabrications, sub-assemblies and systems.

 Booth Industries - Bolton, UK

 Designs, manufactures, installs and services doors and walls which can be
 tailored to be: blast and explosion proof; fireproof; acoustically shielded;
 high security/safety; or combinations of the above.

 Ormandy Group - Bradford, UK

 Design, manufacturers and servicing of off-site plant, heat exchangers and
 other HVAC (heating, ventilation and air conditioning) products.

 Slack & Parr - Kegworth, UK, USA & China

 Design, manufacture and servicing of high-precision gear metering pumps,
 hydraulics flow dividers and industrial pumps.

 Composite Products Ltd - Buckingham, UK

 Centre for composite technology, parts and assemblies, serving customers in
 industrial markets.

 Adaptix Ltd - Oxford, UK

 Adaptix has developed novel 3D X-ray for Orthopaedic and Veterinary
 applications amongst others. Commercialisation of this system (and others) is
 on-going.

 Magnetica Ltd - Brisbane, Australia

 Magnetica Limited specialises in the development of next generation MRI
 technologies, including dedicated extremity MRI systems and MRI system
 components. Magnetica has successfully built and tested a compact, integrated
 3 Tesla orthopaedic MRI system, demonstrating clinical-quality imaging.
 Commercialisation of this system (and others) is on-going. Magnetica's
 structure now includes two other business units:

 Scientific Magnetics - Abingdon, UK

 Designs and manufactures superconducting magnet systems and associated
 cryogenics for a variety of markets including MRI and provides services for
 Nuclear Magnetic Resonance instruments.

 Tecmag Inc - Houston, USA

 Designs, manufactures and installs instrumentation, including consoles, system
 upgrades, and probes, mainly for Magnetic Resonance Imaging (MRI) and Nuclear
 Magnetic Resonance (NMR) systems.

 

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