Trading Update

Avingtrans Plc ("Avingtrans" or the "Company" or the "Group") Trading Update Avingtrans (AIM:AVG), a manufacturer of critical components and associated services to the medical, energy, industrial and global aerospace sectors is pleased to announce the following pre-close trading update following the end of its financial year to 31 May 2012. It is expected that the preliminary results for the year then ended will be announced during week commencing 17th September 2012. Group sales are expected to be approximately 20% ahead of the previous year, in line with market expectations, with all divisions contributing to this growth. Similarly, operating profit is also expected to be ahead of last year and in line with expectations, reflecting on-going improvements in the Group's performance. Aerospace The Company is particularly pleased to report improved overall performance in the Aerospace division. This divisional performance is all the more creditable, given that the Group continues to invest in building the recently formed Sigma Composites business and, while initial sales levels have been lower than had been hoped for, the belief remains that this investment will contribute strongly to the Aerospace division in the future. Looking forward, the Company is pleased to announce that it is in final negotiations with the European Union to participate in its "Clean Sky" programme to develop new technology for more environmentally sustainable aircraft, rotorcraft and propulsion systems. Clean Sky is supported by many of Europe's leading aerospace OEMs. In April 2012, Sigma and its partner TWI, a leading independent research and technology organisation, responded to Clean Sky's call to develop non-metallic pipes for aero engines. The contract is valued at EUR1.7 million. We are delighted to report that Sigma has been selected as preferred bidder against strong competition. Providing that the final details can be agreed, the Sigma and TWI consortium should receive a contract in August. The programme is expected to last 18 months. This project fits perfectly with Sigma's technology development roadmap and ambition to generate intellectual property. Since the project will lean heavily towards composite materials, Avingtrans' recent acquisition of Sigma Composites and TWI's expertise in composites joining and thermoplastics were key factors in Clean Sky's decision process. Industrial Industrial Products has had a solid year with strong results in Germany and the USA. Recently, Jena Tec's automation division, Moss Group, received orders worth approximately £600,000. Notable amongst these is a £450,000 order from Nissan Manufacturing UK for the automotive transfer line upgrades for a new engine variant introduction, awarded by Nissan in May 2012 and will comprise the supply and integration of conveyor systems, fixtures, transfer tables and ancillary systems. This will be integrated in Nissan's Sunderland plant in December 2012, where Jena Tec will provide a complete turnkey retrofit, as Nissan UK expands its production capability for newer engine models. Energy and Medical As previously stated at the half year, the performance of the Energy and Medical division has been held back by delays to the next generation MRI systems being developed by Siemens and, specifically in relation to the Group's Crown business, on-going market weakness in the transport infrastructure sector. The Siemens programme is however progressing, albeit slower than anticipated and Crown is awaiting final confirmation of a new £200k contract for CCTV infrastructure on the M4/M5 Managed Motorway programme. In response to market weakness, measures have been taken at Crown to manage costs to an absolute minimum. Beyond the two key factors above, however, the flow of work for the division from other key customers - eg Cummins - has been satisfactory and new project wins are in line with forecasts. Group Outlook Although market conditions continue to be challenging, buoyed by positive trends in the Aerospace sector, we remain confident overall in continuing to perform in line with market expectations. Enquiries: Avingtrans plc 0115 949 9020 Steve McQuillan, CEO Stephen King, CFO FinnCap Marc Young / Henrik Persson - Corporate Finance 020 7600 1658 Brian Patient / Victoria Bates - Corporate Broking Newgate Threadneedle 020 7653 9850 (Financial PR) Josh Royston/ Guy McDougall About Avingtrans Avingtrans plc is engaged in the provision of highly engineered components and services to the energy, medical, scientific and research communities, traffic management, automation, machinery and aerospace industries worldwide. The business is made up of 3 divisions: • Aerospace, engaged in the manufacture of rigid pipe assemblies and prismatic components for aero engines and precision polishing of aircraft components; • Energy and medical, engaged in the manufacture of machined and fabricated pressure and vacuum vessels and components for the energy, medical, science and research communities. Design and manufacture of fabricated poles and cabinets for roadside safety cameras and rail track signalling and; • Industrial products, engaged in the design, manufacture, distribution and service of precision ballscrews, spindles and related linear and rotary products servicing the original equipment and after markets in global industry. TWI TWI is one of the world's foremost independent research and technology organisations, with expertise in solving problems in all aspects of manufacturing, fabrication and whole-life integrity management technologies. Established in Cambridge, in 1946 and with several facilities across the globe, the company has a first class reputation for service through its teams of internationally respected consultants, scientists, engineers and support staff, whose knowledge and expertise are available to its Industrial Members as and when they require.

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