Avingtrans has released a trading update for the year ended 31 May 2026 indicating profit in-line with market consensus. We increase our PBT forecast by 3.9% based on the mix effects described. The statement notes that the company enters the new financial year with a strong order book supported by nuclear, rail, and data centre activities. A negative cash impact arises in FY27E due to an unexpected requirement to repay COVID loans in the US, and we increase our FY27E debt forecast by £2.5m. In o ....
