LONDON (Aug. 18, 2010)—Avon Rubber P.L.C. said it is showing an improved financial performance so far this year, as it had predicted.
The company's protection and defense business achieved a 20-percent increase in sales, buoyed by a significant rise in orders for the U.S. homeland security and fire department markets. Avon's dairy business also has been strong, and the manufacturer's balance sheet has improved and debt lowered.
Avon said its protection and defense division has made considerable progress toward becoming the market leader in respiratory protection for military and homeland security users.