Avon Technologies Achieves Record Profit, Eyes Above-Market Growth
Update: 2025-11-12
Description
Avon Technologies delivers robust fiscal year 2025 results, surpassing expectations with a 5% increase in profit before tax and earnings per share. Total sales soar by 13.8% to $314 million, while operating profit jumps 30.8% to $40.3 million. Despite a slight dip in order intake, the closing order book grows by 16.2% and adjusted basic earnings per share rise by 35.1%. Avon looks forward to above-market growth in 2026, targeting high single-digit sales growth and operating profit margins between 14% and 16%. The company also aims to cut transformation costs by over 60% to $6 million.
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