Profits marginally up at Avon Rubber on level sales

ERJ staff report (DS)

London – For the 12 months to September 2012, Avon Rubber plc has reported operating profit and revenues essentially unchanged from the previous year.

The company said revenues fell marginally to GBP 106.6 million (euro 132 million) from GBP 107.6 million a year earlier. Operating profit increased to GBP 11.6 million from GBP 11.1 million

By division, Protection & Defence represented 70% (2011: 72%) of total Group revenues. The business saw revenues fall 3.7% from £77.4m to £74.6m due to the timing…

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