Report

Avon Rubber - Mask system export order secured

Avon Protection has successfully secured another of its military sector prospects. The award of a $16.6m contract for C50 mask systems by a customer in the rest of the world segment will commence delivery in Q4 FY19, further securing growth expectations at Avon Protection for FY19. It also helps compensate for the flatter than expected year at milkrite | Interpuls noted in the AGM statement. Added to the recent major DoD awards for M69 aircrew mask systems and M53A1 mask and powered air systems, it should ensure a strong basis for our forecast growth in FY20.
Underlying
Avon Rubber PLC

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.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Analysts
Andy Chambers

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch