We have delivered strong financial results, with underlying performance more than offsetting currency headwinds, whilst continuing to build the order book. We have also made further progress on the longer-term growth opportunities for our expanding product portfolio.
Avon Rubber p.l.c. ("Avon Rubber" or the "Group") announces that it has completed the disposal of Avon Engineered Fabrications, Inc. ("AEF"), its US based hovercraft skirt and bulk liquid storage tank business, to Performance Inflatables Co., LLC, a Pinewell Capital portfolio company, for a cash consideration of $9.25 million on a cash and debt free basis subject to a customary working capital adjustment.
Avon Protection has received NIOSH CBRN approval on its AvonAir™ modular powered air range. The Avon EZAir, MP-PAPR and CS-PAPR usher in a new era of multipurpose and adaptable respiratory protection.
Avon Rubber p.l.c. will this afternoon host a Capital Markets Event for investors and analysts in London to showcase its leading technology portfolio as well as setting out the key market drivers influencing its approach to new product development.
Avon Rubber p.l.c. is pleased to confirm that, further to the announcement that it was the preferred bidder for the above contract on 3 November 2017, Avon Protection has now entered into a 5 year contract with the UK Ministry of Defence ("MoD") for the resupply and in-service support of its General Service Respirator.
Avon Rubber p.l.c. is pleased to announce that, at its Annual General Meeting held today, all the resolutions proposed in the Notice of Meeting were duly passed.
In advance of its Annual General Meeting being held at 10.30am today, Avon Rubber p.l.c. provides the following trading update.
Avon Rubber p.l.c. is pleased to announce the receipt of an order for 47,000 M50 mask systems worth $12.6 million from the US Department of Defense ("DoD").
Avon Rubber p.l.c. is pleased to announce the receipt of an order for 53,000 M50 mask systems worth $14.3m from the US Department of Defense ("DoD").
We have delivered a strong set of results, growing our order book and progressing medium-term opportunities for future growth.
Avon Rubber p.l.c. is pleased to announce that it has received confirmation from the US Department of Defense of the Group's participation under the Joint Enterprise - Research, Development, Acquisition and Production/Procurement contract vehicle ("JE-RDAP").
Avon Rubber p.l.c. is pleased to announce that the UK Ministry of Defence ("MoD") has nominated Avon Protection as the preferred bidder for the resupply and in-service support of its General Service Respirator. The award of the contract is subject to MoD approvals, which are anticipated in early 2018.
Avon Rubber p.l.c. today issues the following trading update ahead of its year end close on 30 September 2017.
Avon is pleased to announce the appointment of Peel Hunt LLP as sole corporate broker to the Company with immediate effect.
The following information is provided in accordance with section 430(2B) of the Companies Act 2006.
On the 23rd June, Avon Rubber welcomed young girls from local schools to their facility in Melksham to celebrate the first International Women in Engineering Day.