"This teaming of two leading brands offering a comprehensive range of inflatables, RIBs and lifesaving equipment in two distinct price sectors, has enabled Avon to continue market share growth in the UK, " said managing director Alan Morgan. "Our continued R&D investment has ensured that we continue to grow and remain at the fore of the industry."

Avon says the 2003 season culminated one of its most successful Southampton shows ever, both in terms of sales and interest. The company says the Schroders London International Boat Show was also extremely successful and believes this to be a strong indicator of continued growth into 2004.