Update: Strong year-end performance and upgrade
Avon Rubber’s period-end announcement came with a kicker in terms of a strong final month performance in North American law enforcement but, more importantly, a significant late Middle East order. The result is a c 10% upgrade to our forecasts at operating profit level, highlighting the benefit of the group’s flexibility to switch between core DoD revenues and such “impact†orders at short notice. With core growth drivers intact and continued regional instability, additional prospects remain in the pipeline.Avon Rubber is a technology group focusing on respiratory protection systems and milking point solutions through its two businesses, Avon Protection and milkrite , InterPuls. Avon Protection is a provider in Chemical, Biological, Radiological and Nuclear respiratory protection systems for the world's Military, Law Enforcement and Fire markets. milkrite , InterPuls provides milking point solutions to customers across the world.
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