Avingtrans PLC (LSE:AVG) has announced that its subsidiary, Booth Industries, has secured new contracts totaling £8.5 million. The wins include a £7.5 million deal to provide high-integrity steel doorsets for HS2’s Old Oak Common station, along with a £1 million contract to deliver maintenance services on the Elizabeth Line for Transport for London. These agreements strengthen Booth Industries’ contribution to the UK’s high-speed rail infrastructure and reinforce its reputation for supplying safety-critical, performance-driven solutions.
The new contracts are expected to support Avingtrans’ growth trajectory, with positive implications for its FY26 forecasts and beyond. While the group faces ongoing financial challenges, particularly regarding cash flow and profitability, its strong technical indicators and pipeline of strategic opportunities point to continued momentum. High valuation levels remain a consideration for investors.
About Avingtrans PLC
Avingtrans PLC is a global engineering company that designs, manufactures, and services specialist equipment for the energy, medical, and industrial sectors. Its portfolio of businesses includes Hayward Tyler, Energy Steel Inc., Stainless Metalcraft Ltd, Booth Industries, Ormandy Group, Slack & Parr, Composite Products Ltd, Adaptix Ltd, and Magnetica Ltd, each focused on delivering high-performance, safety-critical solutions across their respective markets.
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