Avon’s full year figures show falling sales, better profits

London–Avon PLC has declared its annual figures for the 12 months to 30 Sept, 2004. The company said its sales fell by four percent to £239.2 million, while pre-tax profits increased by 17 percent, to £8.7 million.

Commenting on the results, Steve Willcox, Chief Executive said: “We have a clear strategic direction to follow. We will develop our respiratory protection business, run Automotive as a single division and use Technical Products to manage and develop specialist business areas to grow a value creating business. To achieve…

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