FY20 has been a transformational year for Avon Rubber as it exited from dairy and recycled the proceeds into higher-return businesses with better growth prospects to further strengthen Avon Protection. The redeployment of capital to form a more focused group should enhance value creation for shareholders. The $91m acquisition of Helmets & Armor on 2 January 2020 was joined by Team Wendy from 2 November 2020. Overall, our FY21 EPS estimate falls by 2% in FY21, although this still represents stron ....
03 Dec 2020
Avon Rubber - Focused on growth in critical personal protection
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Avon Rubber - Focused on growth in critical personal protection
Avon Protection PLC (AVON:LON) | 1,002 0 0.0% | Mkt Cap: 303.3m
- Published:
03 Dec 2020 -
Author:
Andy Chambers -
Pages:
7
FY20 has been a transformational year for Avon Rubber as it exited from dairy and recycled the proceeds into higher-return businesses with better growth prospects to further strengthen Avon Protection. The redeployment of capital to form a more focused group should enhance value creation for shareholders. The $91m acquisition of Helmets & Armor on 2 January 2020 was joined by Team Wendy from 2 November 2020. Overall, our FY21 EPS estimate falls by 2% in FY21, although this still represents stron ....