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Trading statements

Avon Rubber in line with expectations

02 February 2017 09:25

Avon Rubber said trading in the first quarter continued in line with expectations.

It said order intake in its Protection & Defence division was encouraging and the deliverable order book for the remainder of the financial year was higher than last year.

It said: "Negotiations with Middle East customers are continuing and each of the expected impact orders continues to progress.

"Our Fire business continues to grow in Europe and the US, led by Argus thermal imaging camera sales but also through organic growth in sales of our Deltair Self Contained Breathing Apparatus (SCBA).

"We have continued to deliver under our order from the New York City Police Department for CBRN/ CO hoods and are encouraged by market interest for this product."

The group said its dairy division was performing well with the introduction of InterPuls into the US market making encouraging progress. It added: "Milk prices have continued to improve, benefiting Dairy market conditions generally."

At 9:25am: (LON:AVON) Avon Rubber PLC share price was -5p at 1042p

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