Half Year 2025 Avon Technologies PLC Earnings Call for Sell Side Analyst Transcript

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May 21, 2025

May 21, 2025 / 08:00AM GMT
Jos Sclater - Avon Technologies PLC - Chief Executive Officer, Executive Director

Well, good morning everybody. Thank you for those of you that came to see us face to face, and thank you for joining those on the telephone lines. A lot has happened in the last six months. Geopolitical and economic uncertainty have both increased substantially.

But in the face of the turmoil, we remain resolute in pursuing our strategy and improving our businesses. We still control most of our own destiny, and we're holding our medium term guidance. We're growing sales and profit fast. And we're achieving this while increasing spend in R&D and developing exciting new products to drive future growth.

And we're building our people's capability to enable our improvement activities to accelerate even more. We've moved all production out of our California helmet facility, three months ahead of schedule. And we're busy ramping up production in Salem and Cleveland.

Over the last year, we've effectively built and commissioned an entirely new factory in Cleveland. And we're also improving all of our

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