Avon Protection

Avon Technologies stock has gained 22% since my buy rating in September, outperforming the market and demonstrating strong potential among smaller European defense contractors. The company reported a 40% increase in order intake and a 53.4% rise in operating profits, driven by higher volumes and efficiency gains. Despite a strong FY24, Avon Technologies guides for mid-single digit growth in FY25, with stable margins due to a challenging order book.» Mehr auf seekingalpha.com

Avon Technologies, a UK-based company, specializes in ballistic helmets, air purifying respirators, and protective wear, experiencing strong demand and significant sales growth. The company saw a 50% increase in order intake and a 24.2% rise in revenues, driven by strong performance in its Team Wendy segment. Avon Technologies is guiding for 11% sales growth and improved margins, with opportunities for further expansion despite some segment performance variations.» Mehr auf seekingalpha.com

Avon Protection PLC (LSE:AVON), a maker of military helmets and gas masks, tweaked its full-year outlook after reporting a record order book and 66% profit growth in the first half.  The FTSE 250-listed group said its order book stands at $199 million, bolstered by significant strategic wins and orders in the first half and since its 31 March half-year stage including contracts from the UK Ministry of Defence for respirators, a rebreather contract from the German Navy and two helmet orders from the US Army.» Mehr auf proactiveinvestors.co.uk