Acquisitive Avingtrans set to break even
Avingtrans, the Sandiacre manufacturer of engineered components, systems and services, is set to almost break even for the six months ended November 30 2016.
The firm's losses will fall to almost neutral after slipping £1.2m into the red in the first half of 2016.
Revenues at the firm increased by 11% to £9.6m in the second half of last year.
The firm says it will now look to grow the business through acquisition.
The first sign of this is Avingtrains taking a majority stake in superconducting magnet and cryogenic systems compan... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
