Edition:
United Kingdom

Avon Rubber PLC (AVON.L)

AVON.L on London Stock Exchange

1,650.00GBp
16 Aug 2019
Change (% chg)

10.00 (+0.61%)
Prev Close
1,640.00
Open
1,622.00
Day's High
1,670.00
Day's Low
1,622.00
Volume
74,925
Avg. Vol
33,989
52-wk High
1,670.00
52-wk Low
1,050.00

Latest Key Developments (Source: Significant Developments)

Avon Rubber Buys 3M's Ballistic-Protection Business
Wednesday, 7 Aug 2019 

Aug 7 (Reuters) - Avon Rubber PLC ::ACQUISITION OF 3M'S BALLISTIC-PROTECTION BUSINESS.PROPOSED DEAL FOR INITIAL CASH CONSIDERATION OF APPROXIMATELY $91M (£75M).SIGNED AN AGREEMENT TO ACQUIRE 3M'S BALLISTIC-PROTECTION BUSINESS AND RIGHTS TO CERADYNE BRAND.FURTHER CONTINGENT CASH CONSIDERATION OF UP TO $25M (£21M) IS PAYABLE DEPENDING ON OUTCOME OF PENDING TENDERS.RECURRING ANNUAL NET COST SYNERGIES OF ABOUT $5M EXPECTED TO BE DELIVERED IN FIRST FULL YEAR OF OWNERSHIP.ONE-OFF COSTS TO IMPLEMENT DEAL ARE EXPECTED TO BE APPROXIMATELY $10M (£8M).  Full Article

Avon Rubber Says Avon Protection Gets $16.6 Mln Mask System Contract Award
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Avon Rubber PLC ::MASK SYSTEM CONTRACT AWARD.AVON PROTECTION HAS BEEN AWARDED A CONTRACT VALUED AT $16.6 MILLION.CONTRACT TO SUPPLY MASK SYSTEMS TOGETHER WITH A RANGE OF RELATED FILTERS, SPARES AND ACCESSORIES TO A MILITARY CUSTOMER.  Full Article

Avon Rubber Says Avon Protection Received Order Worth $20.2 Million
Thursday, 28 Mar 2019 

March 28 (Reuters) - Avon Rubber PLC ::AVON RUBBER- AVON PROTECTION RECEIVED FIRST ORDER WORTH $20.2 MILLION, UNDER M53A1 MASK AND POWERED AIR SYSTEM CONTRACT WITH U.S. DEPARTMENT OF DEFENSE.AVON RUBBER PLC - DELIVERIES UNDER THIS ORDER WILL COMMENCE IN SECOND HALF OF OUR CURRENT FINANCIAL YEAR ENDING 30 SEPTEMBER 2019.  Full Article

Avon Rubber Remains Confident Of Achieving Current Year Expectations
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Avon Rubber PLC ::AVON RUBBER PLC - BOARD THEREFORE REMAINS CONFIDENT OF ACHIEVING ITS CURRENT YEAR EXPECTATIONS.AVON RUBBER PLC - CONTINUED STRONG MOMENTUM IN AVON PROTECTION IS EXPECTED TO OFFSET ANTICIPATED TOUGHER DAIRY MARKET CONDITIONS.  Full Article

Avon Rubber HY Revenue £77.7 Mln Vs £78.9 Mln
Wednesday, 2 May 2018 

May 2 (Reuters) - Avon Rubber PLC ::HY REVENUE £77.7M VERSUS £78.9M.HY OPERATING PROFIT £9.9 MILLION VERSUS £9.6 MILLION.HY INTERIM DIVIDEND PER SHARE 5.34P.  Full Article

Avon Rubber nominated as preferred bidder for UK MoD General Service Respirator
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Avon Rubber Plc :‍UK MINISTRY OF DEFENCE NOMINATED AVON PROTECTION AS PREFERRED BIDDER FOR RESUPPLY AND IN-SERVICE SUPPORT OF GENERAL SERVICE RESPIRATOR​.AWARD OF CONTRACT IS SUBJECT TO MOD APPROVALS, WHICH ARE ANTICIPATED IN EARLY 2018.​.  Full Article