Avon Protection PLC (LSE:AVON)
£ 13.56 0.24 (1.8%) Market Cap: 406.75 Mil Enterprise Value: 467.02 Mil PE Ratio: 0 PB Ratio: 3.68 GF Score: 72/100

Half Year 2022 Avon Protection PLC Earnings Call Transcript

May 24, 2022 / 08:00AM GMT
Release Date Price: £10.2 (-14.79%)
Paul McDonald
Avon Protection plc - CEO & Director

Good morning, everyone. Welcome to the Avon Protection Half Year Results. I'm Paul McDonald, and I'm joined by Rich Cashin, our new CFO.

As you would have seen this morning as part of the RNS, we've announced I'll be stepping down as CEO and will work with the Board to allow a smooth transition in the months ahead. Avon is a remarkable company with great products that provides a vital role in global security, and I wish everyone at the company continued success for the future.

Now down to business, and we can start with the agenda. For our agenda this morning, I'll take you through the headlines. Rich will then take us through the financials. Finally, I'll talk through what's happened in the period, and the opportunities ahead.

Avon has seen some challenging times since 2021, many of which we did not see early enough, and I wanted to recap on some of those challenges. As we enter 2021, we knew that COVID would still be around us. We expected a challenging winter as we saw in 2020. However, as you look back, there were far

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