Avon Protection (AVON)

Sector:

Defense and Aeronautics

Index:

FTSE Small Cap

1,082.00p
   
  • Change Today:
      6.00p
  • 52 Week High: 1,084.57
  • 52 Week Low: 593.00
  • Currency: UK Pounds
  • Shares Issued: 30.26m
  • Volume: 26,165
  • Market Cap: £327.39m
  • RiskGrade: 186

Avon Protection secures helmet supply contract with US Defense Logistics Agency

By Iain Gilbert

Date: Tuesday 08 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Protective equipment manufacturer Avon Protection said on Tuesday that it had secured a contract to supply the US Defense Logistics Agency with its second-generation advanced combat helmet.
Avon Protection stated the contract had a maximum value of $204.0m over a five-year duration, being a one-year base period with a maximum value of $46.0m plus four further one-year extension options. The base year has a minimum value of $7.0m.

The London-listed firm added that initial revenues were expected in its 2024 financial year, following completion of testing in 2023.

Chief executive Paul McDonald said: "By combining Ceradyne's helmet shell moulding capabilities and Team Wendy's helmet liner and retention system technologies, we have further enhanced our leadership position in helmet technology and broadened our portfolio, increasing our competitiveness in mid-specification ballistic helmets.

"This contract helps underpin the medium-term outlook and visibility for Avon Protection and reflects the strength of our offering to both military and first responder customers globally."

As of 0840 GMT, Avon shares were up 5.71% at 1,166.0p.

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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 1,082.00p
Change Today 6.00p
% Change 0.56 %
52 Week High 1,084.57
52 Week Low 593.00
Volume 26,165
Shares Issued 30.26m
Market Cap £327.39m
RiskGrade 186

Avon Protection Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.54% below the market average82.54% below the market average82.54% below the market average82.54% below the market average82.54% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
64.46% above the market average64.46% above the market average64.46% above the market average64.46% above the market average64.46% 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
92.69% below the market average92.69% below the market average92.69% below the market average92.69% below the market average92.69% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Growth
81.72% below the market average81.72% below the market average81.72% below the market average81.72% below the market average81.72% 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
  Final Interim
Ex-Div 08-Feb-24 10-Aug-23
Paid 08-Mar-24 08-Sep-23
Amount 15.30¢ 14.30¢

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 2,370 @ 1,082.00p
16:35 41 @ 1,082.00p
16:35 67 @ 1,082.00p
16:35 21 @ 1,082.00p
16:35 40 @ 1,082.00p

Avon Protection Key Personnel

CFO Rich Cashin

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