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LONDON MARKET PRE-OPEN: Avon warns on revenue amid order delays

LONDON MARKET PRE-OPEN: Avon warns on revenue amid order delays | Financial News

LONDON BRIEFING: Singapore's Olam Food Ingredients to list in London

LONDON BRIEFING: Singapore's Olam Food Ingredients to list in London | Financial News

LONDON MARKET OPEN: Avon Protection sinks on revenue guidance cut

LONDON MARKET OPEN: Avon Protection sinks on revenue guidance cut | Financial News

Aquaterro wins ADF combat helmet refurbishment contract

RHOP: Mia Thornton throws shade at Wendy Osefo by launching a candle line of her own

Australia's first combat helmet upgrade program starts in Victoria

Wendy Osefo Calls Mia Thornton "A Liar' And "A Stripper;" Mia Says Wendy Is "Bothered"

Avon Rubber PLC unveils healthy sales growth and name change

Name will change to Avon Protection in the second half of the year Avon Rubber PLC (LON:AVON) posted strong first-half sales growth helped by orders from the military and first responder healthcare demand. The group, which specialises in breathing equipment, said orders rose by 46% in the half-year to end March 2021, with military up by 31%, first responder 28% and a first-time contribution worth US$18mln from recent acquisition Team Wendy. Military orders included US$38mln from NATO and A US$17mln follow-up on the M69 aircrew mask contract with the US Department of Defense. Paul McDonald, chief executive, added: “We are making good progress to resolve the delays in product approval for our body armor programmes and remain on track to commence shipments in the first half of our 2022 financial year.

Avon Rubber hikes dividend after swinging to H1 profit; plans name change in H2 | 25 May 2021

25 May 2021 | 07:40am StockMarketWire.com - Defence equipment maker Avon Rubber hiked its interim dividend after swinging to a first-half profit amid 'significant' growth in its respiratory protection business. The company also announced that Nick Keveth, Chief financial officer would be retiring for personal reasons before the end of March 2022. For the half year ended 31 March 2021, pre-tax profit was $5.4 million, up from a loss of $1.8 million year-on-year as revenue increased 41% to $167.9 million. The company reported a strong order intake, up 46.5%, with military up 31.3%, first responder up 28.3% and a first-time contribution of $18.4 million from Team Wendy, which was acquired on 2 November 2020. Given the $157 million order book and strong pipeline of opportunities across its personal protection portfolio, the company said it was 'confident of delivering full year expectations and remain excited by the medium-term prospects.'

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Avon Rubber hikes dividend after swinging to H1 profit; plans name change in H2

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