Avon started FY18 with a new growth strategy and it is bearing fruit. Order growth is strong as the company is leveraging market dynamics across both divisions. We adjust our forecasts for the more favourable US tax reform, increasing underlying EPS by 7% and 1% in FY18 and FY19 respectively. Management is confident of achieving FY18 expectations.
01 Feb 2018
Avon Rubber - Strong start to the year
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Avon Rubber - Strong start to the year
Avon Protection PLC (AVON:LON) | 1,082 0 0.0% | Mkt Cap: 327.4m
- Published:
01 Feb 2018 -
Author:
Annabel Hewson -
Pages:
3
Avon started FY18 with a new growth strategy and it is bearing fruit. Order growth is strong as the company is leveraging market dynamics across both divisions. We adjust our forecasts for the more favourable US tax reform, increasing underlying EPS by 7% and 1% in FY18 and FY19 respectively. Management is confident of achieving FY18 expectations.