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Business Summary: Avon Technologies PLC, formerly Avon Protection PLC, is a United Kingdom-based company, which is engaged in providing protective equipment’s. The Company operates through two brands: Avon Protection, and Team Wendy. The Avon Protection is a provider of mission-critical protection for its customers' requirements. Its range of mission-critical protection products includes respirators, powered & supplied air, spares & accessories, chemical, biological, radiological, nuclear (CBRN) protective wear, and underwater systems. The Team Wendy's portfolio is focused on ballistic and bump protection helmets, and liner and retention systems. Its product portfolio includes ACH GEN II, NG IHPS, EPIC, EXFIL Ballistic SL, EXFIL LTP, SAR Backcountry, CAM FIT Retention System, ZORBIUM Action Pad (ZAP) 7-PAD NSN Liner System, EPIC Air Liner System, and EXFIL Maritime Liner System. The Company supplies its respiratory and head protection portfolio to customers across the globe.
Financial Summary: BRIEF: For the 26 weeks ended 30 March 2024, Avon Protection PLC revenues increased 9% to $127.1M. Net loss applicable to common stockholders excluding extraordinary items decreased 74% to $1.1M. Revenues reflect United States segment increase of 6% to $106.1M, Europe segment increase of 27% to $21M. Dividend per share decreased from $0.14 to $0.07. Basic Earnings per Share excluding Extraordinary Items increased from -$0.14 to -$0.04.