09 Apr 2021
Avon Rubber - Maintaining full-year consensus expectations
This morning Avon released its post-close trading statement for H121, which shows strong top-line growth and order intake. Trading continued to show progress, in line with management expectations for Q221, continuing the Q121 performance noted at the AGM. Management expects to meet FY21 consensus expectations, with growing momentum during H221 as new contract volumes build. We trim our above-consensus FY21 EPS estimate by 4% and maintain FY22, which are reported in US$ from the current year. Avo ....
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Avon Rubber - Maintaining full-year consensus expectations
Avon Protection PLC (AVON:LON) | 1,082 64.9 0.6% | Mkt Cap: 327.4m
- Published:
09 Apr 2021 -
Author:
Andy Chambers -
Pages:
3
This morning Avon released its post-close trading statement for H121, which shows strong top-line growth and order intake. Trading continued to show progress, in line with management expectations for Q221, continuing the Q121 performance noted at the AGM. Management expects to meet FY21 consensus expectations, with growing momentum during H221 as new contract volumes build. We trim our above-consensus FY21 EPS estimate by 4% and maintain FY22, which are reported in US$ from the current year. Avo ....