bullish

Avon Rubber - Momentum builds behind new strategy

57 Views02 May 2018 15:23
Issuer-paid
SUMMARY

Avon Rubber’s H118 report demonstrates the strength of the group’s new strategy in action. Success is evident in the enhanced product portfolio and order progression is building visibility and supporting medium-term growth. Given the group’s exposure to the US, the FX headwind was visible in H118. Management maintained its guidance for FY18 underpinned by end market opportunities and new product deliveries.

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