Avon Rubber returns to profit in Q1

ERJ staff report (DS)

London — Avon Rubber plc said it has has returned to profitability (Profit Before Interest and Tax from continuing operations) in the three months to 31 December 2008. The company did not give specific details ahead of its AGM of shareholders scheduled for today at 10:30.

Avon said its protection & defence business, led by the US Cadillac facility producing M50 mask systems for the US Government, developed in line with expectations and is meeting customer delivery schedules. The Dairy business has continued…

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