Avingtrans posts jump in half-year earnings

Avingtrans, which designs components for the aerospace, energy and medical sectors, saw profits rise in the last half of 2012 as the company made strategic acquisitions and shaved weak assets.

Avingtrans, which designs components for the aerospace, energy and medical sectors, saw profits rise in the last half of 2012 as the company made strategic acquisitions and shaved weak assets.

Profit after tax climbed to £6.5m for the six months to the end of November, compared to £0.7m in the first half.

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