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Aurrigo International – trading “in line with management expectations”, but what does that mean for the balance sheet?

By Steve Moore | Tuesday 25 June 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Describing itself as “a leading international provider of smart airside solutions and automotive products”, Aurrigo International (AURR) has issued an AGM Statement commencing that it “is pleased to report continued positive trading momentum in the first half of FY24, in line with management expectations” and including that “the pipeline of opportunities and discussions continues to grow”. So what of a current 93.5p share price, down from approaching 170p last autumn?
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