'Strong' second half to boost Avon Rubber

Thursday, 11th October 2012

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)The Melksham-based engineering business said trading in the second half was stronger than the first half, as it had expected, and added it is confident the results for the year to 30 September 2012 will be in line with current market expectations.

Avon Rubber added that it enters its new financial year with a “strong order book” in its protection and defence division with “innovative new products” and expanding global reach boosting the market share in its dairy business.

Chief executive Peter Slabbert said: “We continue to invest in innovative new products in both protection and defence and dairy and believe that these industry leading technologies will deliver revenue growth and higher margins in the future.

“The uncertain economic climate will present challenges in the coming year but I am confident that both sides of Avon’s business are well positioned to make further progress in 2013.”

The business is to announce its full year results in November.

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