Avon Protection

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

Avon Protection PLC (LSE:AVON) shares fell 1.3% to 937.8p after reporting a 36% rise in order intake in the first quarter of its financial year, with strong demand for helmets and rebreathers offsetting a small decline for respirators. The order book was 21% higher than the prior year and revenues were up 27%, which the FTSE 250-listed group said was in line with its expectations. » Mehr auf proactiveinvestors.co.uk