28 August 2025

Avingtrans Plc

("Avingtrans", the "Company", or the "Group")

Booth Industries secures new HS2 & TfL contracts worth £8.5m

Avingtrans PLC (AIM: AVG), which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors, is delighted to announce its wholly owned subsidiary, Booth Industries, has secured a contract worth in excess of £7.5 million over 4 years to supply high-integrity steel doorsets for HS2's Old Oak Common station. In addition to this, the Company has been awarded a strategically significant multi-year contract to provide maintenance services for the tunnel doors on the Elizabeth Line for Transport for London, worth up to £1 million in total.

The contracts follow Booth Industries' £4.5 million order in January this year to supply pressure-rated fire doors for an additional phase of the HS2 project. This further reinforces the Bolton-based manufacturer's growing role within the UK's high-speed rail programme, a relationship which commenced in September 2020, when Booth was awarded an initial contract to supply 300 cross-passage doors for the London to Birmingham section of the route. In total Booth's outstanding order book with HS2 still exceeds £40m, notwithstanding on-going deliveries and milestone achievements over the past few years.

Old Oak Common is expected to become one of the UK's busiest and most strategically important rail hubs, providing a critical interchange between HS2, the Elizabeth Line, and National Rail services. The doorsets to be supplied by Booth Industries will play a key role in safeguarding passengers, ensuring fire integrity, and supporting secure access control within this high-profile transport environment. Engineered to meet a wide range of stringent performance criteria, the doors will be manufactured with robust construction standards to ensure durability throughout the station's design life and deliver long-term protection.

These contract wins further reinforce the Group's ability to deliver on market forecasts in FY26 and beyond.

Mike Jenkinson, managing director of Booth Industries, said: "The two new contracts are great news for our business and build on our work on Crossrail, the Northern Line extension and earlier phases of HS2. It demonstrates the value HS2 places on our unmatched design and manufacturing expertise, developing high-integrity doorsets that meet the most demanding safety and performance standards, as well as our proven experience delivering complex infrastructure projects around the world.

"The extension of our contract with Transport for London underscores the strength and reliability of our maintenance capabilities, which have been carefully developed and refined in recent years. By leveraging decades of industry expertise alongside a market-leading service proposition, we ensure that performance-critical infrastructure continues to operate with the highest standards of safety, efficiency, and longevity."

Austen Adams, Divisional Managing Director of the AES division of Avingtrans, said: "We are delighted that once again HS2 has chosen Booth Industries to deliver a performance-critical part of the high-speed rail network.

"The team has a strong track record of innovation in the sector, recently developing a range of new, market-leading doorsets that offer unparalleled fire performance of more than four hours.

"The lessons learned from this innovation, alongside Booth's previous work for HS2 and other rail infrastructure contracts, have informed the designs for the new contracts, reinforcing Booth's position as the specialist provider in the sector for high-integrity products that have global market potential."

Enquiries:

About Avingtrans plc:

Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide. 

Business units