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AVON — Avon Technologies News Story

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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)

((NithyashreeRB@thomsonreuters.com))

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