Avon Protection (GB:AVON) has released an update.
Avon Protection PLC has reported a significant follow-on delivery order worth $19.5 million from the U.S. Defense Logistics Agency, extending their order cover into FY2026. Additionally, the company has updated its FY 2024 guidance to reflect a revenue growth of approximately 11% and an adjusted operating profit margin just above 11%, citing strong trading and efficient operational execution. Avon’s CEO expressed confidence in meeting medium-term targets due to the successful implementation of the company’s strategic initiatives.
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