UK's Avingtrans H1 revenue flat, EBITDA rises 10.4%

Avingtrans

25/02/2026 07:10

Overview

International engineering group's H1 revenue flat, aligning with management expectations

Adjusted EBITDA for H1 rose 10.4%, driven by reduced losses in Medical Imaging

Company secured $16 mln nuclear contracts with KHNP of South Korea

Outlook

Avingtrans expects to meet FY26 market expectations with strong order book visibility

Company sees increased global energy demand driven by AI and data centre needs

MII division entering key period with Adaptix sales ramping up post-approval

Result Drivers

GROSS MARGIN IMPROVEMENT - Co attributed increased gross margin to improved aftermarket mix in AES division

NUCLEAR CONTRACTS - Hayward Tyler secured $16m in new nuclear contracts with KHNP of South Korea

MII REVENUE GROWTH - Revenue in MII division increased by 33% due to product rollout and reduced losses

Company press release: ID:nRSY2278Ua

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
GBP 78.10 mln
H1 Net Income
GBP 4.21 mln
H1 EBIT
GBP 5.32 mln
H1 Gross Profit
GBP 24.77 mln
H1 Pretax Profit
GBP 5 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Avingtrans PLC is GBp587.50, about 4% above its February 24 closing price of GBp565.00

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)