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2025 AGM Statement

31 January 2025

The Board remains confident that the Group’s strategic initiatives will support sustained growth and improved returns over the long term and that Avon remains well positioned to deliver exceptional shareholder value.

Avon will be holding its Annual General Meeting (“AGM”) at its Melksham facility at 10:30am GMT today.

Trading in the first quarter was in line with expectations and the Group outlook for the full year remains consistent with the guidance given with the FY24 results in November.

Avon has seen continued order momentum in Q1, as evidenced by recent wins, which have further strengthened the Group’s long term order book, including: 

  • an $18m delivery order for the Next Generation Integrated Head Protection System (NG IHPS) helmet for the U.S. Army;
  • a renewal contract valued up to £10m with Thales UK to support a critical UK defence programme. 

The Group continues to make good operational progress on the STAR strategy, embedding a culture of continuous improvement alongside its focus on footprint optimisation and operational excellence.

The Board remains confident that the Group’s strategic initiatives will support sustained growth and improved returns over the long term and that Avon remains well positioned to deliver exceptional shareholder value.

A presentation for retail investors will be held after the AGM meeting today and repeated online at 14.00pm GMT. Registration is available on the following link: https://www.investormeetcompany.com/avon-technologies-plc/register-investor

Avon will report Interim Results for the six months ending 31 March 2025 on 21 May 2025.  

About Avon Technologies plc

We are a world leader in protective equipment, with a reputation for innovative design, high-performance quality and specialist materials expertise. 

Our two brands, Avon Protection and Team Wendy, supply our respiratory and head protection portfolio to customers across the globe from our manufacturing sites in the UK and North America.

With over 900 talented people our shared purpose and core beliefs are to be #FIERCE about Protecting Lives. It’s why we come to work – and it’s what motivates us, every day, to do the best work we can.

Contact

Media Enquiries

Gabby Colley

Investor.Relations@avon-technologiesplc.com 

Financial PR

Sodali & Co

avonprotection@sodali.com