Avon Technologies hits over five-year high on upbeat outlook
Shares in protective equipments provider Avon Technologies rise 17.1% to 2,235p, highest since August 2021, as co expects FY results to be ahead of market expectations.
1% to 2,235p, their highest level since August 2021. 5% and adjusted operating profit margin above the guided 14-16% range. Avon also targets annual revenue growth of greater than 5% CAGR. Year to date, AVON is up 23%.