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Avon Rubber Plc (LON: AVON) report 30.8% increase in revenue for FY20

1 min read | December 02, 2020 09:52 AM GMT | By Team Kalkine Media
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Avon Rubber Plc (LON:AVON) has released its results for the year ended 30 September 2020.

  • The company reported strong financial delivery with revenue growth of 30.8 per cent to £168.0 million as compared to £128.4 million in the previous year.
  • The company received orders worth £160.8 million as compared to £129.8 million for the year ended 30 September 2019, up by 23.9 per cent.
  • Adjusted operating profit increased by 33.6 per cent to £30.2million as compared to £22.6million in the previous year.
  • The stocks of the company, on 2 December 2020, traded lower by 6.60% from its previous closing, hovering at around GBX 4,320.00 at 09:13 AM GMT+1.

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