June 18, 2013 / 6:07 AM / 4 years ago

BRIEF-Chemring says outlook for current year is towards lower end of expectations

LONDON, June 18 (Reuters) - Chemring : * Auto alert - Chemring Group PLC H1 underlying pretax profit 25.6

million STG versus 39.2 million STG year ago * Auto alert - Chemring Group PLC interim dividend 3.4 pence per share * H1 revenue 297.4 million STG * Restructuring costs of about £15 million expected,delivering annual savings

of about £10 million mainly arising from FY 2014 * Markets are likely to remain challenging into 2014, particularly in the US * Order book of £701.1 million, of which £287.6 million is deliverable in FY

2013 * For the current financial year, the board's outlook is towards the lower end

of expectations * Anticipates reduction in corporate and divisional headcount of 40%

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