Upcoming Dividend • Jul 30
Upcoming dividend of US$0.081 per share Eligible shareholders must have bought the stock before 06 August 2026. Payment date: 04 September 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (0.9%). Buy Or Sell Opportunity • Jun 30
Now 22% undervalued Over the last 90 days, the stock has risen 6.6% to €19.50. The fair value is estimated to be €25.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 66%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 99% in the next 2 years. Declared Dividend • May 20
First half dividend of US$0.081 announced Shareholders will receive a dividend of US$0.081. Ex-date: 6th August 2026 Payment date: 4th September 2026 Dividend yield will be 1.2%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 8.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 94% over the next 3 years, which should provide support to the dividend and adequate earnings cover. お知らせ • May 14
Avon Technologies plc Proposes Interim Dividend, to Be Paid on 4 September 2026 Avon Technologies Plc proposed an interim dividend of 8.1 cents per share (HY25: 7.6 cents). This interim dividend will be paid on 4 September 2026 to shareholders on the register at 7 August 2026. お知らせ • Feb 07
Avon Technologies plc Announces Final Dividend , Payable on March 6, 2026 On 12 November 2025, Avon Technologies Plc announced its intention to declare a final dividend of 17.0 US cents per share (“Final Dividend”). The Final Dividend will be paid to eligible shareholders in GBP Sterling, based on an exchange rate of GBP/USD 1.3575, resulting in a dividend payment of 12.52 pence per share. The Final Dividend will be paid on 6 March 2026 to shareholders whose names appear on the register of members as at the close of business on 6 February 2026. お知らせ • Dec 06
Avon Technologies Plc, Annual General Meeting, Jan 30, 2026 Avon Technologies Plc, Annual General Meeting, Jan 30, 2026. Location: hampton park west, semington road, wiltshire sn12 6nb, melksham United Kingdom お知らせ • May 22
Avon Technologies plc Proposes Interim Dividend, to Be Paid on 5 September 2025 Avon Technologies Plc proposed an interim dividend of 7.6 cents per share (HY24: 7.2 cents). This interim dividend will be paid on 5 September 2025 to shareholders on the register at 8 August 2025. The interim dividend will be converted into pounds sterling for payment at the prevailing exchange rate which will be announced prior to payment. お知らせ • Dec 11
Avon Technologies Plc, Annual General Meeting, Jan 31, 2025 Avon Technologies Plc, Annual General Meeting, Jan 31, 2025. Location: our hampton park west facility, semington road, wiltshire, sn12 6nb, melksham United Kingdom お知らせ • Nov 19
Avon Technologies plc Proposes Final Dividend for the Year Ended 30 September 2024, Payable on 7 March 2025 The board of Avon Technologies Plc has proposed a final dividend of 16.1 cents per share for the year ended 30 September 2024 (2023: 15.3 cents). The final dividend will be paid in pounds sterling on 7 March 2025 to shareholders on the register at 7 February 2025. お知らせ • Oct 22
Avon Technologies Plc to Report Fiscal Year 2024 Results on Nov 19, 2024 Avon Technologies Plc announced that they will report fiscal year 2024 results on Nov 19, 2024 Upcoming Dividend • Aug 01
Upcoming dividend of US$0.072 per share Eligible shareholders must have bought the stock before 08 August 2024. Payment date: 06 September 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.0%). お知らせ • Jul 28
Avon Protection plc Revises Earnings Guidance for the Fiscal Year 2024 Avon Protection plc revised earnings guidance for the Fiscal Year 2024. In addition, overall trading has continued to be strong into the second half of FY24 with good momentum reflected across a number of strategic and financial KPIs. The benefits of focus on efficiency, and good operational execution are contributing to faster than expected progress in both Strategic Business Units. As a result, the Group is issuing the following update to Fiscal Year 2024 guidance: Revenue growth of around 11% (from c.10% previously). Buy Or Sell Opportunity • Jul 02
Now 36% undervalued Over the last 90 days, the stock has risen 9.9% to €13.30. The fair value is estimated to be €20.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 21
Now 26% undervalued Over the last 90 days, the stock has risen 12% to €13.30. The fair value is estimated to be €18.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. New Risk • Jun 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.2% average weekly change). Declared Dividend • May 23
First half dividend of US$0.072 announced Shareholders will receive a dividend of US$0.072. Ex-date: 8th August 2024 Payment date: 6th September 2024 Dividend yield will be 1.4%, which is about the same as the industry average. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (34% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. お知らせ • Mar 14
Avon Protection plc Announces Board Changes Avon Protection plc announced the appointment of Maggie Brereton as an independent Non-Executive Director with effect from 1 April 2024. Maggie is Co-founder and CEO of EOS, a specialist provider of deal advisory services. Prior to founding EOS, she was Head of UK Transaction Services at KPMG where she also served as a Board member, chairing the Audit Committee and sitting on the Risk and Remuneration Committees. Maggie brings over 20 years' experience of working on complex transactions and business transformation programmes for both private equity and corporate clients. She also brings significant experience in the industrial sector including aerospace and defence. Maggie will also become a member of the Audit, Remuneration and Nomination Committees from 1 April 2024. Chloe Ponsonby will now stand down from the Board on 31 March 2024. Victor Chavez will replace Chloe as Chair of the Remuneration Committee and Bindi Foyle will replace Chloe as Senior Independent Director alongside her role as Audit Committee Chair. お知らせ • Feb 21
Avon Protection plc Announces Final Dividend, Payable on 8 March 2024 Avon Protection plc announced final dividend 15.3 US cents per share The Final Dividend will be paid on 8 March 2024 to shareholders on the register at close of business on 9 February 2024. Upcoming Dividend • Feb 01
Upcoming dividend of US$0.15 per share at 2.5% yield Eligible shareholders must have bought the stock before 08 February 2024. Payment date: 08 March 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (1.4%). お知らせ • Jan 26
Avon Protection plc to Report First Half, 2024 Results on May 21, 2024 Avon Protection plc announced that they will report first half, 2024 results on May 21, 2024 Recent Insider Transactions • Nov 24
CEO & Director recently bought €151k worth of stock On the 22nd of November, Mark Sclater bought around 18k shares on-market at roughly €8.54 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €245k. Mark has been a buyer over the last 12 months, purchasing a net total of €396k worth in shares. New Risk • Nov 22
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.2% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.2% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). お知らせ • Nov 14
Avon Protection plc, Annual General Meeting, Jan 26, 2024 Avon Protection plc, Annual General Meeting, Jan 26, 2024. Buying Opportunity • Nov 08
Now 22% undervalued Over the last 90 days, the stock is up 8.0%. The fair value is estimated to be €12.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 3.5% in 2 years. Earnings is forecast to grow by 1,154% in the next 2 years. New Risk • Oct 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 14x earnings per share. Cash payout ratio: 135% Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Recent Insider Transactions • Oct 19
Independent Chairman recently bought €83k worth of stock On the 16th of October, Bruce Thompson bought around 10k shares on-market at roughly €8.33 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Bruce has been a buyer over the last 12 months, purchasing a net total of €180k worth in shares. お知らせ • Aug 22
Avon Protection plc Announces Interim Dividend, Payable on 8 September 2023 Avon Protection plc announced its intention to pay an interim dividend of 14.3 US cents per share. The Interim Dividend will be paid on 8 September 2023 to shareholders on the register at close of business on 11 August 2023. Upcoming Dividend • Aug 04
Upcoming dividend of US$0.14 per share at 4.2% yield Eligible shareholders must have bought the stock before 10 August 2023. Payment date: 08 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.5%). Recent Insider Transactions • May 29
Independent Chairman recently bought €96k worth of stock On the 25th of May, Bruce Thompson bought around 10k shares on-market at roughly €9.63 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Bruce's only on-market trade for the last 12 months. Reported Earnings • May 24
First half 2023 earnings released: US$0.14 loss per share (vs US$0.35 loss in 1H 2022) First half 2023 results: US$0.14 loss per share (improved from US$0.35 loss in 1H 2022). Revenue: US$116.2m (down 4.7% from 1H 2022). Net loss: US$4.20m (loss narrowed 61% from 1H 2022). Revenue is forecast to stay flat during the next 3 years compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Upcoming Dividend • Feb 02
Upcoming dividend of US$0.31 per share at 3.6% yield Eligible shareholders must have bought the stock before 09 February 2023. Payment date: 10 March 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.2%). Board Change • Feb 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Senior Independent Director Chloe Ponsonby is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. お知らせ • Jan 27
Avon Protection plc to Report First Half, 2023 Results on May 23, 2023 Avon Protection plc announced that they will report first half, 2023 results on May 23, 2023 お知らせ • Dec 06
CoorsTek, Inc. signed an agreement to acquire KY facility Assets of Avon Protection plc in Lexington from Avon Protection plc. CoorsTek, Inc. signed an agreement to acquire KY facility Assets of Avon Protection plc in Lexington from Avon Protection plc (LSE:AVON) on December 5, 2022. The transaction is expected to close in second half of 2023. お知らせ • Nov 29
Avon Protection plc, Annual General Meeting, Jan 27, 2023 Avon Protection plc, Annual General Meeting, Jan 27, 2023. Reported Earnings • Nov 23
Full year 2022 earnings released: US$0.18 loss per share (vs US$0.80 loss in FY 2021) Full year 2022 results: US$0.18 loss per share (improved from US$0.80 loss in FY 2021). Revenue: US$271.9m (up 9.5% from FY 2021). Net loss: US$5.60m (loss narrowed 77% from FY 2021). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Aerospace & Defense industry in Germany. お知らせ • Nov 22
Avon Protection plc Recommends Final Dividend, Payable on 10 March 2023 The Board of Avon Protection plc is recommending a final dividend of 30.6 cents per share (2021: 30.6 cents) which together with the 14.3 cents per share interim dividend, gives a total dividend of 44.9 cents (2021: 44.9 cents), consistent with last year. The final dividend will be paid in pounds sterling on 10 March 2023 to shareholders on the register at 10 February 2023 with an ex-dividend date of 9 February 2023. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Senior Independent Director Chloe Ponsonby is the most experienced director on the board, commencing their role in 2016. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. お知らせ • Oct 17
Avon Protection plc Announces Appointment of Jos Sclater as Chief Executive Officer, Effective January 16, 2023 Avon Protection plc announced the appointment of Jos Sclater as Chief Executive Officer, with effect from 16 January 2023. Jos joins Avon Protection having spent the last 3 years as Group Chief Financial Officer at Ultra Electronics plc. In this role, Jos led a broad-based transformation programme focused on improving growth and efficiency. He also had Group-wide responsibility for the Finance, Treasury, IT, Procurement, Transformation, Continuous Improvement and Risk functions as well as direct oversight of Ultra's Forensic Technology and Energy businesses. Prior to this Jos was Group CFO at Castrol Lubricants and, before that, spent 7 years at GKN plc, including as Group CFO and Director of Corporate Finance & Strategy. Jos started his career as a qualified solicitor and held in-house legal and M&A roles at ICI plc, AkzoNobel N.V. and GKN plc. The appointment follows an in-depth search process led by Executive Chair, Bruce Thompson, with the support of the Nominations Committee. Bruce will continue in the role of Executive Chair until Jos starts in January, before reverting to his previous role as Non-Executive Chair. Board Change • Oct 07
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Senior Independent Director Chloe Ponsonby is the most experienced director on the board, commencing their role in 2016. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 27
First half 2022 earnings released: US$0.35 loss per share (vs US$0.016 profit in 1H 2021) First half 2022 results: US$0.35 loss per share (down from US$0.016 profit in 1H 2021). Revenue: US$121.9m (flat on 1H 2021). Net loss: US$10.7m (down US$11.2m from profit in 1H 2021). Over the next year, revenue is forecast to grow 14%, compared to a 40% growth forecast for the industry in Germany. Recent Insider Transactions • Feb 24
Independent Chairman recently bought €60k worth of stock On the 23rd of February, Bruce Thompson bought around 5k shares on-market at roughly €12.09 per share. This was the largest purchase by an insider in the last 3 months. Bruce has been a buyer over the last 12 months, purchasing a net total of €182k worth in shares. Upcoming Dividend • Feb 03
Upcoming dividend of US$0.31 per share Eligible shareholders must have bought the stock before 10 February 2022. Payment date: 11 March 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.4%). Higher than average of industry peers (1.6%). Reported Earnings • Dec 17
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: US$0.80 loss per share (down from US$0.068 profit in FY 2020). Revenue: US$248.3m (up 14% from FY 2020). Net loss: US$24.5m (down US$26.6m from profit in FY 2020). Revenue exceeded analyst estimates by 34%. Over the next year, revenue is forecast to grow 23%, compared to a 24% growth forecast for the industry in Germany. Reported Earnings • Dec 17
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: US$0.80 loss per share (down from US$0.068 profit in FY 2020). Revenue: US$248.3m (up 14% from FY 2020). Net loss: US$24.5m (down US$26.6m from profit in FY 2020). Revenue exceeded analyst estimates by 34%. Over the next year, revenue is forecast to grow 23%, compared to a 24% growth forecast for the industry in Germany. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €10.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 20x in the Aerospace & Defense industry in Europe. Total loss to shareholders of 72% over the past year. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorated over the past week After last week's 45% share price decline to €11.90, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 22x in the Aerospace & Defense industry in Europe. Total loss to shareholders of 72% over the past year. Upcoming Dividend • Jul 29
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 05 August 2021. Payment date: 03 September 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.5%). Reported Earnings • May 26
First half 2021 earnings released: EPS US$0.14 (vs US$0.062 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$122.0m (up 41% from 1H 2020). Net income: US$4.40m (up US$6.30m from 1H 2020). Profit margin: 3.6% (up from net loss in 1H 2020). お知らせ • May 25
Avon Rubber p.l.c. Declares Interim Dividend, Payable on September 3, 2021 Avon Rubber p.l.c. announced that the board has declared an interim dividend of 14.3 cents per ordinary share, an increase of 30% on the 2020 interim dividend reflecting the company’s continued commitment to its progressive dividend policy. This will be paid on September 3, 2021 to shareholders on the register on August 6, 2021. Following the change in reporting currency, dividends for the 2021 financial year and beyond will be set in U.S. dollars and converted into pounds sterling for payment at the prevailing exchange rate immediately prior to payment. お知らせ • Apr 10
Avon Rubber p.l.c. Provides Group Revenue Guidance for the First Half Ended March 31, 2021 and Full Year Ending September 30, 2021 Avon Rubber p.l.c. provided group revenue guidance for the first half ended March 31, 2021 and full year ending September 30, 2021. The Group expects to report revenue of $122 million for the first half (H1 2020: $87 million), including a first-time contribution from Team Wendy of $20m during the first five months of ownership.
As a result and taking into account the current order book of $155 million and expected order intake in the second half, the Board remains confident of achieving its expectations for the current financial year. Is New 90 Day High Low • Feb 25
New 90-day low: €32.20 The company is down 33% from its price of €48.25 on 27 November 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is up 3.0% over the same period. お知らせ • Jan 31
Avon Rubber P.L.C. Announces Resignation of Pim Vervaat from the Board Luceco plc announced that on 29 January 2021 Pim Vervaat, Senior Independent Director of the Company, will resign from the Board of Avon Rubber plc, where he has served as a director since March 2015, in order to focus on his role as Chief Executive at Constantia Flexibles and as Senior Independent Director at Luceco plc. Executive Departure • Jan 30
Senior Independent Non-Executive Director has left the company On the 29th of January, Pim R. Vervaat's tenure as Senior Independent Non-Executive Director ended after 5.9 years in the role. As of September 2020, Pim R. personally held 7.50k shares (€350k worth at the time). A total of 2 executives have left over the last 12 months. Recent Insider Transactions • Jan 20
CFO & Director recently sold €196k worth of stock On the 13th of January, Nicholas Keveth sold around 5k shares on-market at roughly €39.27 per share. This was the largest sale by an insider in the last 3 months. This was Nicholas' only on-market trade for the last 12 months. Recent Insider Transactions • Dec 24
Independent Chairman recently bought €100k worth of stock On the 21st of December, Bruce Thompson bought around 3k shares on-market at roughly €33.40 per share. This was the largest purchase by an insider in the last 3 months. This was Bruce's only on-market trade for the last 12 months. Analyst Estimate Surprise Post Earnings • Dec 19
Revenue misses expectations Revenue missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 63%, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Analyst Estimate Surprise Post Earnings • Dec 04
Revenue misses expectations Revenue missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 70%, compared to a 10% growth forecast for the Aerospace & Defense industry in Germany. Is New 90 Day High Low • Nov 28
New 90-day high: €48.25 The company is up 9.0% from its price of €44.25 on 28 August 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €33.80 per share. お知らせ • Nov 21
Avon Rubber Announces Executive Changes Avon Rubber confirmed that current Chair David Evans will retire from the Board on 2 December 2020 and will be succeeded as Chair by Bruce Thompson. The company also announced that Pim Vervaat will stand down from the Board after the Annual General Meeting on 29 January 2021. Bindi Foyle will replace Pim as Chair of the Audit Committee. Avon also announced the appointment of Victor Chavez CBE as an independent Non-Executive Director with effect from 1 December 2020. Victor has recently retired from a long and successful tenure as CEO of Thales UK, the £1.2bn revenue, 6,500 person business operating across the defence, cyber security, transportation, aerospace and space sectors. ictor will also become a member of the Audit, Remuneration and Nomination Committees from 1 December 2020. Is New 90 Day High Low • Sep 29
New 90-day high: €47.55 The company is up 45% from its price of €32.85 on 01 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.03 per share.