CMD having a negative effect, so far. |
Getiing anywhere near that operating margin target will make this company very cheap .... the share price should respond accordingly over the medium term |
The Board is confident in the Group's ability to deliver strong returns over the medium term, driven by supportive markets, existing contracts, new and enhanced products and transformation. As a result, we have announced today new medium-term financial goals:· Revenue Growth: At least 5% CAGR· Operating Margin: 14-16%· Return on Invested Capital: Above 17%· Cash Conversion: 80-100%· Leverage: 1 -2 times Net Debt/EBITDA No new information on trading will be shared at the event.Webcast |
Exdiv is tomorrow. |
Nope. It's too late to buy for the divi on ex-div day. Lots of people get caught on that. |
Selling the day before the Ex dividend date is unusual I bought more |
Divi on the 8th. |
Avon smashing today |
Good reaction to news, now trading over £10 |
Well spotted! Announced to the market today but it seems it was known on this board last week! |
Another big order announced today |
govdelivery@subscriptions.defense.gov |
Thanks Hydrus, do you have a link to that news please |
New contract 'Avon Protection Ceradyne LLC, Salem, New Hampshire, has been awarded a maximum $39,324,000 modification (P00028) exercising the second one-year option period of a one-year base contract (SPE1C1-22-D-1516) with four one-year option periods for second generation advanced combat helmets. This is a firm-fixed-price, indefinite-delivery/indefinite-quantity contract. The ordering period end date is Feb. 6, 2025. Using military service is Army. Type of appropriation is fiscal 2024 through 2025 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support, Philadelphia, Pennsylvania.' |
Chick, time will tell. |
Good news out recently that's why directors have been buying over the last six months, but we are not trading higher than a year ago. |
It’s a question of whether the emerging stability is already in the price, but it confirms that they are back on track post body armour. |
Don't think there will be any complaints about today's trading update! |
Nice additional $14m order from the US. |
Good grief |
Sold. I'll be hoping for a suitable re-entry. |
Jeff anGood points |
That's easy to say but unless you are absolutely clear that the problem is fixable, throwing good money after bad is not a great policy. I think the bigger problem here was reputational. What confidence could you ever have in a life-saving bit of kit which failed test? Also the risk that their other life-critical products - helmets, breathing apparatus etc - might become tainted by association. I can understand why they did it.
I think the Times assessment in #1081 is pretty good. |
Point taken and, that being so, I agree, they shouldn't have pulled the plug on it. |
CasholaaYou need to understand the ballistic testing process before you make a statement like that.Having spoken to the old CEO AND THE TEAM involved in the pre-testing your statement does the company an injustice.Hundreds of plates passed all tests but one failed a tumbling round where it did not pass through the plate but broke the inner surface.No one from Avon was allowed to view the tests of ask for a retest, it was a closed door test.The error in my mind was pulling the plug |
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