Avon Protection

Avon Technologies Plc (OTCPK:AVNBF) Q2 2025 Results Conference Call May 21, 2025 4:00 AM ET Company Participants Jos Sclater - Chief Executive Officer Richard Cashin - Chief Financial Officer Steve Elwell - President, Avon Protection Conference Call Participants Robin Byde - Zeus Capital Afonso Osório - Barclays Richard Paige - Deutsche Numis Andrew Humphrey - Peel Hunt Andy Douglas - Jefferies Andy Edmond - Equity Development Jos Sclater Good morning, everybody. Thank you for those of you that came to see us face-to-face, and thank you for joining those only telephone lines.» Mehr auf seekingalpha.com

Avon Technologies is expected to see >10% revenue growth in FY25, driven by strong sales of FM54 respirators and ACH GEN II helmets for the US Department of Defense. Despite some cost pressures from facility closures and production ramp-ups, profit margin guidance has been adjusted to 12%, with an 80% cash conversion expectation. The stock is currently overvalued for FY25, but long-term growth prospects remain strong, with significant upside anticipated in 2026 and 2027.» Mehr auf seekingalpha.com

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