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Avon Corporation Ltd.: Experts' corner in association with  

532995  AVONCORP  Group (B) BSE data View Tips    Add to :  Portfolio  |  Watchlist  |  Game

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Management speaks

Pankaj Saraiya

Managing Director
Avon Corporation Ltd.

March 26, 2010, 12:14 pm
Why should an investor buy your company's stock?

Making an Investment is a big decision, the pertinence of the amount not withstanding.

Here are some of the things that will attract investors’ attention.

- AVON Corporation Ltd Sales margin enhances every year.

- AVON’s new manufacturing & operational activities will aid the company boost its sales with optimum use of the available resources at lower cost of production.

- AVON Corporation Ltd launches new products every year

-AVON has the ability to exploit the market opportunity that devises it to give a tough competition to the industry players

- AVON’s capability to go Global.

-AVON Corporation Ltd Profit margin enhances every year.

What events do you expect in your industry sector over the next few months? Are these hurdles or catalysts?

Over the next few months, we will be participating in forums related to Health, Pharma and Hospitality. Industry events are opportunities for us to network and capitalize on business opportunities.

What growth initiatives has your company planned?

Businesses often choose to go global in order to benefit from economies of scale. By taking AVON CORPORATION LTD to a global level, AVON is expected to recognize enough profits to cover its research and development costs, as well as the cost of keeping up with current technology. Even if these costs are not a factor in the decision, a larger market offers a larger opportunity for profit.

Globalization is the norm for current markets, which makes it extremely essential for AVON CORPORATION LTD to expand internationally. In keeping with the market scenario, AVON has opened a wholly owned subsidiary at Sharjah, Dubai which will augment its sales.

Who is your competition? What differentiates you from them?

The players in the same sphere as us are Equinox, Dr.Morepan and Omron.

The differentiating factor is that AVON has a service team which is available 24X7 and is easily accessible.

How do you see your company performing over the next financial year?

We expect excellent growth in the next financial year margins and sales to increase anywhere between 50 – 60%.