Avingtrans plc provided earnings guidance for the year of 2015. The company have attractive structural growth markets and durable customer relationships and, despite these short term challenges, the group believe that the prospects for the group are exciting. The board now expects group revenue and profitability in respect of the current financial year to be similar to that reported for Financial year 2014, excluding the revenue and initial losses from the RMDG acquisition.

The steps set out will improve operational efficiency and the group expects the full year impact of these actions to be approximately £0.6 million, the full benefit of which will be reflected in financial year 2016.