Avon has enjoyed another positive half year, successfully integrating our recent acquisitions which broaden our product range and routes to market.

In Dairy, whilst market conditions have, as previously highlighted, reflected cyclically low milk prices, we are encouraged that our own brand Milkrite products and Cluster Exchange service have continued to gain market share.

Trading is normally second-half weighted in our Protection & Defence business and we believe this will again be the case this year. We have a strong forward order book for DOD M50s and a growing pipeline of non-DOD opportunities.

The Board therefore expects to make progress as the year develops and meet market expectations for the full year.

For the full interim results statement, visit the Financial Reports section on our Investor page. You can also listen to Andrew Lewis, Group Finance Director, and Sarah Matthews-DeMers, Associate Group Finance Director, discuss the results in a webcast on the Media Centre .

Avon Rubber plc published this content on 04 May 2016 and is solely responsible for the information contained herein.
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