Avon Protection (AVON)

Sector:

Defense and Aeronautics

Index:

FTSE Small Cap

1,332.00p
   
  • Change Today:
    -46.00p
  • 52 Week High: 1,382.00
  • 52 Week Low: 593.00
  • Currency: UK Pounds
  • Shares Issued: 30.26m
  • Volume: 71,656
  • Market Cap: £403.04m
  • RiskGrade: 186

Avon Rubber expects profits to be in line with expectations

By Iain Gilbert

Date: Friday 14 Sep 2018

LONDON (ShareCast) - (Sharecast News) - Avon Rubber expects pre-tax profits to be in line with expectations as strong trading continued throughout the second half of its fiscal year.
Order intake momentum across Avon Protection remained "positive", with its military business receiving orders from the US Department of Defense for 116,000 M50 mask systems, bringing total orders for the year to 216,000.

Elsewhere, law enforcement continued to deliver growth in all geographies, while tougher market conditions impacted Avon's fire division's performance in the second half of the year.

Over in the dairy business, Milkrite, PCI and Farm Services continued to "perform well and in line with the trends in the first half" after Avon acquired the distribution rights to Merrick's calf nurser product line in June for $2.1m.

Avon maintained strong operational cash generation but noted that its year-end cash position would also reflect costs associated to its acquisition of Merrick's calf nurser product line.

Paul McDonald, Avon's chief executive, said: "Our strong order book provides good visibility going into the new financial year and the business is well positioned to deliver further growth and take advantage of new product opportunities to build a stronger business for the future."

As of 1030 BST, Avon shares had picked up 1.44% to 1,410p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Avon Protection Market Data

Currency UK Pounds
Share Price 1,332.00p
Change Today -46.00p
% Change -3.34 %
52 Week High 1,382.00
52 Week Low 593.00
Volume 71,656
Shares Issued 30.26m
Market Cap £403.04m
RiskGrade 186

Avon Protection Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.71% below the market average94.71% below the market average94.71% below the market average94.71% below the market average94.71% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
88.07% above the market average88.07% above the market average88.07% above the market average88.07% above the market average88.07% above the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Income
95.47% below the market average95.47% below the market average95.47% below the market average95.47% below the market average95.47% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Growth
82.29% below the market average82.29% below the market average82.29% below the market average82.29% below the market average82.29% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Avon Protection Dividends

  Latest Previous
  Interim Final
Ex-Div 08-Aug-24 08-Feb-24
Paid 06-Sep-24 08-Mar-24
Amount 7.20¢ 15.30¢

Trades for 23-May-2024

Time Volume / Share Price
16:36 5,000 @ 1,358.00p
15:30 10,000 @ 1,347.00p
16:35 7,250 @ 1,332.00p
16:35 3 @ 1,332.00p
16:35 39 @ 1,332.00p

Avon Protection Key Personnel

CFO Rich Cashin

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