Avon Protection’s turnaround takes shape despite profit slump Helmets Avon Protection has made "excellent strategic progress" this year following several "major challenges," including the sale of its loss-making armour business.
I drove a canal boat to Stratford-upon-Avon – it was the ultimate UK spring break BOATING Sophie Ibbotson took out a boat called Poppy with some friends
Avon launching first UK stores in its 137-year history amid global retail push Retail The group is opening an initial tranche of beauty outlets in the UK within the next two months
Avon Protection shrinks losses as defence sector floods with cash November 22, 2022 Avon Protection, which makes protection gear for the military, police and fire fighters, has managed to shrink its losses as the defence sector is flooded with government cash. The British company has wound down losses to $2.1m, from nearly $30m a year ago. Avon’s revenue rose 8.6 per cent to $263.5m in the year to [...]
Gas mask supplier Avon Protection wins £38m MoD contract amid chemical warfare threat in Ukraine May 9, 2024 Avon Protection has won a £38m tender from the MoD to supply gas masks for the UK army, amid allegations of chemical weapons use by Russia in Ukraine.
Avon Protection sells off US facility as it winds down armour-making business December 5, 2022 Avon Protection, which makes military and police gear, has sold off a US-based manufacturing facility as the British company winds down its armour-making business. The deal with CoorsTek, Inc., a manufacturer of advanced ceramics materials for the aerospace and defence industries, is expected to wrap up in the second half of next year. Bruce [...]
The City View with Avon’s Angela Cretu June 3, 2021 In this latest episode of The City View, Andy Silvester sits down with Avon CEO Angela Cretu. Avon is quite the company – the second largest direct-seller in the world, but also advancing in digital directions too. In 2019 the firm booked almost $6bn in global revenues. Angela talks to Andy about the challenges that [...]
Avon Protection share price plunges more than 20 per cent after wrestling with rising costs April 6, 2022 Avon Protection shares have plunged, after the helmet maker warned investors of lower-than-expected profits in the first half of this year. The London-listed protective equipment provider has been wrestling with “additional manufacturing costs” in recent months, as global raw materials prices are engulfed by inflation. Supply chains have also been significantly stretched post-Brexit, with the [...]
Avon Protection shares plunge a quarter as firm slashes guidance August 13, 2021 Personal protection maker Avon today saw its shares plummet 25 per cent after it cut its revenue guidance for the next two years. The FTSE 250 firm said that a combination of supply chain disruption and delayed orders was at fault. After an hour of trading, shares in the firm were down 25.4 per cent [...]
Door to door, but digital: Avon CEO on how a historic firm gets with the times June 3, 2021 Think of Avon and the image that emerges is probably a pretty wholesome one – an Avon lady, or perhaps an Avon man, presenting their make-up wares in a pleasantly spruced-up living room. In your mind, it’s probably set in black and white too. But times are changing. The cosmetics firm made its mark across [...]