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Avon Rubber: a potential buying opportunity ahead of its half year results

The shares have yet to recover after the group unveiled delays to some of its contracts in December
Avon Rubber: a potential buying opportunity ahead of its half year results
  • The protective equipment maker is guiding that revenue for the six months to 31 March will rise by two-fifths to $122m
  • The contract issues are on their way to being resolved and new orders are flowing in

Protective equipment specialist Avon Rubber (AVON) was a standout player in the UK-listed defence sector in 2020. Its shares charged ahead while the likes of BAE Systems (BA) were weighed down by post-pandemic defence spending concerns.

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