Avon Protection Secures $6.7 Million US Defence Order to Provide Protective Equipment for Military, Police, Industrial, and Fire Service Personnel.
February 16, 2023
Trending News ☀️
Avon Protection ($LSE:AVON), a world leader in respiratory and ballistic protection, has secured a $6.7 million US defence order to provide protective equipment for military, police, industrial and fire service personnel. The order includes the supply of a range of Avon Protection products including self-contained breathing apparatus, full face masks and chemical-biological protective suits. Avon Protection provides a range of personal protective equipment (PPE) from head-to-toe, engineered to provide maximum performance, comfort and safety in hazardous environments. Avon Protection is committed to continuously innovating safety technology and providing the highest quality products by utilizing the latest design techniques and technologies.
This order further reinforces our commitment to providing the highest level of protection and comfort possible for people in dangerous environments.” This order is further evidence of their ability to produce the highest quality products and provide superior protection for personnel who are exposed to hazardous environments.
Share Price
This news has been met with positive media exposure, and as a result, the company’s stock opened at £9.3 and closed at £9.4 on Wednesday, representing a 1.1% increase from their previous closing price of 9.3. This order further highlights AVON PROTECTION‘s commitment to providing quality protection to those in need. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Avon Protection. More…
| Total Revenues | Net Income | Net Margin |
| 271.9 | -7.6 | -2.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Avon Protection. More…
| Operations | Investing | Financing |
| 28.7 | -12.1 | -20.8 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Avon Protection. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 348 | 137.5 | 6.96 |
Key Ratios Snapshot
Some of the financial key ratios for Avon Protection are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.3% | -36.8% | -1.0% |
| FCF Margin | ROE | ROA |
| 7.3% | -0.8% | -0.5% |
Analysis
At GoodWhale, we recently conducted an analysis of AVON PROTECTION‘s financials. Our Risk Rating showed that AVON PROTECTION is a high risk investment in terms of both financial and business aspects. Upon further inspection of their income sheet and balance sheet, we have detected two risk warnings. Specifically, high debt levels and limited cash flow that could limit their ability to pay back obligations. To access this Risk Rating and the detailed risk warnings, register on GoodWhale.com. We may not be able to stop bad investments, but we can help alert you to the potential risks before you invest. More…
Peers
The competitive landscape of the global military CBRN protection market is marked by the presence of a large number of small and medium-sized companies. The key players in the market are Avon Protection PLC, Electro Optic Systems Hldgs Ltd, OHB SE, and Hindustan Aeronautics Ltd. These companies hold a significant share in the global market.
– Electro Optic Systems Hldgs Ltd ($ASX:EOS)
Electro Optic Systems Holdings Ltd is an Australian technology company that provides aerospace and defence products and services. It has a market capitalisation of $87.33 million as of 2022 and a return on equity of -21.32%. The company designs, develops, manufactures and sells a range of electro-optic products and systems for military, government and commercial applications. Its products include night vision goggles, thermal imaging cameras, laser rangefinders, laser pointers and laser jammers.
– OHB SE ($LTS:0FH7)
The company’s market cap is $500.86M as of 2022 and its ROE is 13.17%. The company is involved in the business of providing health and beauty products and services.
– Hindustan Aeronautics Ltd ($BSE:541154)
Hindustan Aeronautics Ltd. is an Indian state-owned aerospace and defence company based in Bangalore, Karnataka. It is governed by the Ministry of Defence of the Government of India. The company is primarily involved in the operations of the Indian Air Force, Indian Navy, and the Indian Coast Guard.
Summary
Avon Protection is a leading manufacturer of protective equipment for military, police, industrial, and fire service personnel. Recently, the company secured a $6.7 million US defence order, which has received positive media coverage. From an investing standpoint, shareholders can look forward to opportunities presented by this new contract. The deal highlights the company’s strong foothold in the defence sector, its strategic pricing, and its proven ability to consistently deliver quality products.
Furthermore, the increased revenue generated by this contract should bring immediate as well as long-term benefits to shareholders. It is also an indication of Avon’s bright future as it continues to service its existing and new customers.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
