UK's Avon Technologies hits over five-year high on upbeat outlook
BUZZ-UK's Avon Technologies hits over five-year high on upbeat outlook ** Shares in protective equipments provider Avon Technologies AVON.L rise 17.1% to 2,235p, highest since August 2021
** Co expects FY results to be ahead of market expectations, with revenue growth of about 12.5% and adj operating profit margin above the guided 14-16% range
** Also targets annual revenue growth of greater than 5% CAGR
** YTD, AVON up 23%
(Reporting by Nithyashree R B in Bengaluru)