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Defence in a post-Covid world

Defence in a post-Covid world

Defence companies have been a relatively safe haven during the Covid-19 crisis. While few stocks were left unscathed by the ‘Corona-crunch’, companies in the defence sector with more limited commercial exposure have largely outperformed the FTSE 350. Protective equipment specialist Avon Rubber (AVON) has been particularly impressive – its shares are up around 60 per cent so far this year, compared to a 21 per cent decline for the wider index.

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