Avon Protection (AVON)

Sector:

Defense and Aeronautics

Index:

FTSE 250

2,666.00p
   
  • Change Today:
      10.00p
  • 52 Week High: 4,625.00p
  • 52 Week Low: 2,424.00p
  • Currency: UK Pounds
  • Shares Issued: 31.02m
  • Volume: 6,417
  • Market Cap: £827.08m
  • RiskGrade: 186

Avon Rubber confident as pandemic boosts demand

By Sean Farrell

Date: Friday 29 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Avon Rubber said it was confident about meeting expectations for annual results as the company reported strong demand from military customers and for respiratory products during the Covid-19 pandemic.
In a statement before its annual general meeting the personal protection products maker said trading had continued as expected since its last update in mid-December.

Military orders were supported by further business under the Nato support and procurement agency contract with the Netherlands joining the programme. Avon said it expected more orders under its US Department of Defense contract after approval of the defence budget.

Avon said it did not expect any material effect on expectations for 2021 and 2022 from the re-tendering of the US Army integrated head protection system. The delay is unwelcome but Avon's product is still the best, it said.

The "first responder" division had strong demand for respiratory products driven partly by the coronavirus pandemic. Avon said it had good opportunities in both businesses.

Orders were strong at the Team Wendy business, which performed in line with expectations in the first three months of Avon's ownership, the FTSE 250 company said.

"Trading has continued as expected," Avon said. "The board therefore remains confident of achieving its expectations for the current financial year."

The financial year ends on 30 September.

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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 2,666.00p
Change Today 10.00p
% Change 0.38 %
52 Week High 4,625.00p
52 Week Low 2,424.00p
Volume 6,417
Shares Issued 31.02m
Market Cap £827.08m
RiskGrade 186

Avon Protection Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
33.09% below the market average33.09% below the market average33.09% below the market average33.09% below the market average33.09% below the market average
38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average
Income Not Available
Growth
31.18% below the market average31.18% below the market average31.18% below the market average31.18% below the market average31.18% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 1
Sell 0
Strong Sell 1
Total 5
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 05-Aug-21 11-Feb-21
Paid 03-Sep-21 12-Mar-21
Amount 14.30¢ 18.06p

Trades for 27-Jul-2021

Time Volume / Share Price
14:55 2 @ 2,666.00p
14:55 28 @ 2,666.00p
14:51 31 @ 2,668.00p
14:51 10 @ 2,666.00p
14:51 0 @ 2,666.00p

Avon Protection Key Personnel

CEO Paul McDonald
CFO Nick Keveth
Chair Bruce Thompson

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