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Avingtrans plc

AVG.L•LSE
Industrials
Industrial - Machinery
£441.00
£-1.00(-0.23%)
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The company's financials show resilient growth, with revenue advancing from $50.01M in Q2 2022 to $71.42M in Q4 2023. Gross profit remained healthy with margins at 33% in Q4 2023 compared to 31% in Q2 2022. Operating income hit $2.08M last quarter, sustaining a consistent 3% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $5.57M. Net income dropped to $822000.00, while earnings per share reached $0.02. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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