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Year-end Update

11 Oct 2010 07:00

RNS Number : 1418U
Avon Rubber PLC
11 October 2010
 



AVON RUBBER p.l.c.

("Avon", the "Group" or the "Company")

Year-end update

STRICTLY EMBARGOED UNTIL 07.00 MONDAY 11 OCTOBER 2010.

Avon Rubber p.l.c. the leading global supplier of respiratory protective equipment, provides a year end trading update for the year to 30 September 2010.

 

As a result of stronger than expected performance from the Group, the Board expects full year performance to be ahead of current market expectations.

 

In Dairy, the market momentum seen and outsourcing cost reductions achieved in the first half of 2010 have been maintained in the second half. This, together with a successful new Milk-Rite product launch has seen this division better its first half performance in the second half of 2010.

 

In Protection & Defence we have achieved full US government approval for product from our new filter line in Cadillac which doubles our production capacity for 2011.

 

In addition, the Board is pleased to announce that the Group has renegotiated its debt facilities with its existing bankers, extending its term for a further three years and reducing the overall cost of borrowing.

 

Avon expects to report its final results on Wednesday 24th November 2010.

 

For further enquiries, please contact:

Avon Rubber p.l.c.

Peter Slabbert, Chief Executive

01225 896831

Andrew Lewis, Group Finance Director

01225 896830

Fiona Stewart, Corporate Communications Executive

01225 896871

Weber Shandwick Financial

Nick Oborne

020 7067 0700

Clare Thomas

020 7067 0700

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTMMBRTMBTBBBM
Date   Source Headline
19th Oct 20062:32 pmRNSDirector/PDMR Shareholding
11th Sep 200611:16 amRNSHolding(s) in Company
8th Sep 20069:23 amRNSDirector/PDMR Shareholding
8th Sep 20067:01 amRNSTrading Update
22nd Aug 20063:01 pmRNSSale and Leaseback
21st Aug 20069:05 amRNSAdditional Listing
14th Aug 20067:00 amRNSCompletion of Disposal
1st Aug 200610:26 amRNSDirector/PDMR Shareholding
1st Aug 20067:02 amRNSDisposal
21st Jun 20063:02 pmRNSHolding(s) in Company
13th Jun 200612:00 pmRNSResult of EGM
5th Jun 20063:20 pmRNSDirector/PDMR Sharehldg-Amend
30th May 20063:32 pmRNSDirector/PDMR Shareholding
25th May 20065:07 pmRNSPosting of Circular
22nd May 20067:02 amRNSInterim Results
22nd May 20067:02 amRNSDisposal
18th May 20067:02 amRNSRe: Interim Results
17th May 200612:14 pmRNSBlocklisting Interim Review
11th May 20067:01 amRNSIFRS Restatements
4th May 200611:05 amRNSHolding(s) in Company
28th Apr 20061:49 pmRNSDirector/PDMR Shareholding
24th Apr 200611:41 amRNSSAR 3 - Avon Rubber
5th Apr 20061:26 pmRNSAdditional Listing
5th Apr 200612:15 pmRNSDirector/PDMR Shareholding
4th Apr 20062:22 pmRNSDirector/PDMR Shareholding
15th Mar 20065:55 pmRNSHolding(s) in Company
6th Mar 20063:33 pmRNSDirector/PDMR Shareholding
25th Jan 20068:36 amRNSHolding(s) in Company
23rd Jan 20062:31 pmRNSResult of AGM
19th Jan 20067:01 amRNSAGM Statement
13th Jan 200611:00 amRNSAnnual Information Update
21st Dec 200511:44 amRNSHolding(s) in Company
21st Dec 200511:44 amRNSHolding(s) in Company
20th Dec 20052:51 pmRNSAnnual Report and Accounts
16th Dec 20053:42 pmRNSDirector/PDMR Shrhldg-Amendmt
15th Dec 20052:46 pmRNSDirector/PDMR Shareholding
9th Dec 20052:41 pmRNSDirector/PDMR Shareholding
8th Dec 20054:39 pmRNSDirector/PDMR Shareholding
1st Dec 20057:02 amRNSRe Non-Executive Directors
1st Dec 20057:02 amRNSFinal Results
24th Nov 200512:07 pmRNSNotice of Results
21st Nov 200511:04 amRNSBlocklisting Interim Review
14th Nov 20053:16 pmRNSAdditional Listing
12th Oct 20054:40 pmRNSHolding(s) in Company
21st Jul 20057:01 amRNSRestructuring/Trading Update
4th Jul 20055:16 pmRNSDirector/PDMR S'holding-Amend
4th Jul 20055:07 pmRNSDirector/PDMR S'Holding-Amend
4th Jul 20054:56 pmRNSDirector/PDMR S'holding-Amend
4th Jul 20053:20 pmRNSDirector/PDMR Shareholding
4th Jul 20053:12 pmRNSDirector/PDMR Shareholding

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