Games developer tinyBuild seeks to boost £500 million market cap by becoming a media company. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAvon Rubber Share News (AVON)

Share Price Information for Avon Rubber (AVON)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,722.00
Bid: 2,740.00
Ask: 2,750.00
Change: 0.00 (0.00%)
Spread: 10.00 (0.36%)
Open: 2,728.00
High: 2,802.00
Low: 2,706.00
Yest. Close: 2,708.00
AVON Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Avon Rubber Says Good Trading Will Lead To Achieving Expectations

Fri, 29th Jan 2021 10:32

(Alliance News) - Avon Rubber PLC on Friday said trading has continued as expected since December with continued good order intake across its portfolio of life critical personal protection systems.

The Wiltshire, England-based respiratory protection equipment manufacturer said it has seen positive order momentum in the Military, First Responder and Team Wendy LLC businesses, with Netherlands becoming the fourth country to join the programme under the NATO Support & Procurement Agency contract.

Additionally, it has made progress with updated body armour designs for the US Defense Logistics Agency Enhanced Small Arms Protective Inserts and US Army Vital Torso Protection contracts.

"Following approval of the US Defense budget, we anticipate follow-on orders under our long-term US DOD contracts during the first half of the 2021 financial year and have good visibility of a wider pipeline of global opportunities," Avon Rubber added.

The company said it has continued to see strong demand across its entire respiratory protection range in its First Responder business, in part driven by the ongoing pandemic, as well as seeing a strong pipeline of opportunities to further broaden its customer base across both its respiratory and ballistic product portfolios.

It said Team Wendy has continued to perform well and in line with expectations in the first three months of ownership, forecasting revenue to grow in line with its investor proposition of 3% growth per annum in 2021 back in December.

As a result of this, Avon Rubber said it remains confident in achieving its expectations for the current financial year.

Shares in Avon Rubber were up 1.3% at 3,140.00 pence in London on Friday.

By Zoe Wickens; zoewickens@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News

EXECUTIVE CHANGES: New Michelmersh Brick CFO joins upbeat board

EXECUTIVE CHANGES: New Michelmersh Brick CFO joins upbeat board

3 Jun 21 16:00

Thursday broker round-up

(Sharecast News) - Experian: RBC Capital Markets downgrades to underperform with a target price of 2,400p.

3 Jun 21 12:50

Berenberg slashes target price on Avon Rubber, stock remains on 'least preferred' list for 2021

(Sharecast News) - Analysts at Berenberg slashed their target price on personal protection systems manufactureer Avon Rubber from 3,335.0p to 2,955.0p on Thursday, stating the group was now entering "a testing period".

3 Jun 21 10:59

BROKER RATINGS: Downgrades for BT, Intertek and Experian

BROKER RATINGS: Downgrades for BT, Intertek and Experian

3 Jun 21 09:31

LONDON MARKET MIDDAY: FTSE 100 left behind as DAX 30 charges to record

LONDON MARKET MIDDAY: FTSE 100 left behind as DAX 30 charges to record

25 May 21 12:15

Avon Rubber swings to half-year profit as plans name change

Avon Rubber swings to half-year profit as plans name change

25 May 21 09:35

Avon Rubber interim profits grow, proposes name change

(Sharecast News) - Manufacturing company Avon Rubber said on Tuesday that it had experienced a strong start to the trading year, with both revenues and pre-tax profits rising in the six months ended 31 March.

25 May 21 09:19

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

18 May 21 15:48

BROKER RATINGS: Legal & General, Informa upgraded while Bunzl gets cut

BROKER RATINGS: Legal & General, Informa upgraded while Bunzl gets cut

27 Apr 21 09:40

Avon Rubber reports "strong" second quarter trading, order intake

Avon Rubber reports "strong" second quarter trading, order intake

9 Apr 21 08:49

LONDON MARKET PRE-OPEN: Avon Rubber revenue to rise after good quarter

LONDON MARKET PRE-OPEN: Avon Rubber revenue to rise after good quarter

9 Apr 21 07:39

Avon Rubber backs FY expectations after strong second quarter

(Sharecast News) - Avon Rubber said on Friday that given its current order book and expected order intake in the second half, it remains confident of achieving its expectations for the year.

9 Apr 21 07:37

LONDON MARKET MIDDAY: FTSE 100 rises as retailers rally on Next update

LONDON MARKET MIDDAY: FTSE 100 rises as retailers rally on Next update

1 Apr 21 12:23

Avon Rubber nets extra order from US Army contract for helmets

Avon Rubber nets extra order from US Army contract for helmets

1 Apr 21 08:31

Avon Rubber increases value of US Army deal

(Sharecast News) - Personal protection manufacturer Avon Rubber said on Thursday that it had modified an existing contract with the US Army.

1 Apr 21 08:08

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.