28th Aug 2008 07:00
|
Embargoed until 0700 |
28 August 2008 |
AVON RUBBER p.l.c.
("Avon" or the "Group")
AVON WINS NEW DEFENCE CONTRACT
Avon is pleased to announce that it has won, through its US based subsidiary Avon Engineered Fabrications, Inc. based in Mississippi, a five year contract for the supply of 210,000 gallon fuel storage tanks to Applied Geo Technologies Inc. for onward supply to the US Army.
We expect to deliver the initial order against this contract of approximately $10m in the next financial year.
Peter Slabbert, Chief Executive commented: "We are delighted to have secured the award of this multi-year contract. It will contribute significantly towards our objective of returning the Group to profitability."
- END -
|
For further enquiries please contact: |
|
|
Avon Rubber p.l.c. |
|
|
Peter Slabbert |
01225 896883 |
|
Weber Shandwick Financial |
|
|
Richard Hews / Rachel Martin / Hannah Marwood |
020 7067 0700 |
NOTES TO EDITORS:
Avon Rubber p.l.c. is an international polymer engineering group adding value through material, manufacturing and industry sector expertise. For further information please visit the Group's website www.avon-rubber.com.
Related Shares:
Avon Protection