18 January 2023 - trading update
The engineering and defence group has issued a trading statement covering the three months to 31 December and this has confirmed that trading continues in line with expectations. The latest acquisitions of Air Affairs and Avantus in October and November are in the process of being integrated into the group and both businesses continue to perform well. The company continues to win new business as demonstrated by the recent £80m contract with the UK MoD and which was mentioned in an earlier post. The current year is likely to see adjusted pre-tax profits of . . .
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