Avon Rubber PLC Pre close trading update (3051B)
October 06 2015 - 2:00AM
UK Regulatory
TIDMAVON
RNS Number : 3051B
Avon Rubber PLC
06 October 2015
Strictly embargoed until 07:00 Tuesday 6(th) October 2015
AVON RUBBER p.l.c. ("Avon", the "Group" or the "Company")
Closing statement for the year end 30 September 2015
Avon is pleased to report that the financial year has ended
strongly.
This was primarily driven by the receipt and rapid fulfillment
of a late order for respirators from a customer in the Middle East.
This, together with strong trading in our North American law
enforcement market, leads the Board to anticipate that the adjusted
operating profit for the year will be significantly ahead of
current market expectations.
As reported in the 2 September 2015 trading update, a number of
high value Middle Eastern opportunities remain in the pipeline and
we still expect to see the benefit of these orders in 2016.
Commenting, Andrew Lewis, Interim Chief Executive Officer said,
"We have world leading respiratory protection products and, while
predicting the timing of orders is often difficult, the ability to
meet this customer's requirement demonstrates our operational
flexibility and the dedication of the team to exceed our customers'
expectations."
Preliminary results for the year ended 30 September 2015 will be
announced on 18 November 2015.
For further enquiries, please contact:
Avon Rubber p.l.c.
Andrew Lewis, Interim Chief Executive Officer 01225 896830
Sarah Matthews-DeMers, Associate Group Finance Director 01225 896835
Weber Shandwick Financial
Nick Oborne 020 7067 0700
Note to editors: The Group has transformed itself over the past
five years into an innovative design and engineering group
specialising in two core markets, Protection & Defence and
Dairy. With a strong emphasis on research and development we
design, test and manufacture specialist products from a number of
sites in the US and UK, serving markets around the world. We
achieve this through nurturing the talent and aspirations of our
employees to realise their highest potential.
Avon Protection is the recognised global market leader in
advanced Chemical, Biological, Radiological and Nuclear (CBRN)
respiratory protection systems technology for the world's military,
homeland security, first responder, fire and industrial markets.
With an unrivalled pedigree in mask design dating back to the
1920's, Avon Protection's advanced products are the first choice
for Personal Protective Equipment (PPE) users worldwide and are
placed at the heart of many international defence and tactical PPE
deployment strategies. Our expanding global customer base now
includes military forces, civil and first line defence troops,
emergency service teams and industrial, marine, mineral and oil
extraction site personnel. All put their trust in Avon's advanced
respiratory solutions to shield them from every possible
threat.
Our world-leading Dairy business and its Milkrite brand have a
global market presence. With a long history of manufacturing liners
and tubing for the dairy industry, Milkrite has become the leading
innovator and designer for products and services right at the heart
of milking. Our goal is always to improve and maintain animal
health. Working with the leading scientists and health specialists
in the global dairy industry we continue to invest in technology to
further improve the milking process and animal welfare. Our
products provide exceptional results for both the animal and the
milker, making the milk extraction process run smoothly. As our
market share and milking experience continue to grow, so does our
global presence.
For further information please visit the Group's website
www.avon-rubber.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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