Avon to bounce back with Hi-Life?

08 May 1998

Avon to bounce back with Hi-Life?

AVON Rubber is banking on improved performance when earnings come on stream from the recently acquired milking-machines supplier Hi-Life.

Avon announced half-year pre-tax profits, including exceptionals and discontinued activities, down from £15.6 million to £10.5m on a fall in turnover from £165.5m to £128.7m.

• Financial Times 08/05/98 page 27
• The Times 08/05/98 page 34
• The Daily Telegraph 08/05/98 page 35, page 36 (Questor)