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Avon Protection increases order intake by 50%

Stronger cash generation helps defence equipment supplier to cut net debt
May 21, 2024
  • Adjusted tax profit up 66 per cent
  • $23mn of stock converted into cash

Things are looking up at Avon Protection (AVON). The maker of protective helmets and respiratory gear reported momentum in sales, margin and cash generation, although perhaps most encouraging was the 50 per cent increase in its order intake to $190mn (£150mn). 

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