After a dramatic rise and fall in recent years Avon Protection PLC (LSE:AVON) shares have been pretty much flat for a year and a half, with results for the military helmet maker on Tuesday to be laser focused on the outlook and plans from new boss Jos Sclater.
Investors have not heard from the company since January, when the group said respiration and head protection businesses were broadly level with a year earlier after a strong end to last year for respiratory.
It said it was ramping up production of its next-generation IHPS helmets ahead of the first deliveries expected in the second half of the year, with initial revenue of the US Army's ACH GEN II helmet anticipated in the first half of next year.
This ramp up is the main focus this year, said analyst Peel Hunt, as well as successfully winding down and exiting its bullet-ridden stretch as a body armour supplier.
"The likely FY outcome should be getting clearer," the analysts said, but they want further reassurance at the interims, "especially now that new CEO Jos Sclater has had more time to get around the businesses".