Avon Protection (AVON)

Sector:

Defense and Aeronautics

Index:

FTSE Small Cap

959.50p
   
  • Change Today:
    -23.50p
  • 52 Week High: 2,950.00
  • 52 Week Low: 916.00
  • Currency: UK Pounds
  • Shares Issued: 30.26m
  • Volume: 39,259
  • Market Cap: £290.33m
  • 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 959.50p
Change Today -23.50p
% Change -2.39 %
52 Week High 2,950.00
52 Week Low 916.00
Volume 39,259
Shares Issued 30.26m
Market Cap £290.33m
RiskGrade 186

Avon Protection Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
21.23% below the market average21.23% below the market average21.23% below the market average21.23% below the market average21.23% below the market average
9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average
Price Trend
78.38% below the market average78.38% below the market average78.38% below the market average78.38% below the market average78.38% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Income
35.87% above the market average35.87% above the market average35.87% above the market average35.87% above the market average35.87% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
74.67% below the market average74.67% below the market average74.67% below the market average74.67% below the market average74.67% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 2
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 04-Aug-22 10-Feb-22
Paid 02-Sep-22 11-Mar-22
Amount 14.30¢ 30.60¢

Trades for 12-Aug-2022

Time Volume / Share Price
16:35 14,585 @ 959.50p
16:29 1 @ 962.00p
16:25 2 @ 960.80p
16:23 215 @ 962.00p
16:22 13 @ 962.00p

Avon Protection Key Personnel

CEO Paul McDonald
Chair Bruce Thompson
CFO Rich Cashin

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