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United Kingdom

Chemring Group PLC (CHG.L)

CHG.L on London Stock Exchange

224.00GBp
22 Jun 2018
Change (% chg)

0.00 (+0.00%)
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224.00
Open
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225.52
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Volume
13,627
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235,721
52-wk High
225.52
52-wk Low
162.00

Latest Key Developments (Source: Significant Developments)

Chemring Says Chief Executive Michael Flowers To Retire
Tuesday, 1 May 2018 

May 1 (Reuters) - Chemring Group PLC ::GROUP CHIEF EXECUTIVE MICHAEL FLOWERS HAS INFORMED BOARD OF HIS DECISION TO RETIRE.PROPOSED APPOINTMENT OF MICHAEL ORD AS MICHAEL FLOWERS' SUCCESSOR AS CEO.  Full Article

Chemring Group Says UK Ministry Of Defence Confirmed Orders For Next Two Years
Thursday, 19 Apr 2018 

April 19 (Reuters) - Chemring Group PLC ::CONTRACT AWARD.ANNOUNCE THAT UK MINISTRY OF DEFENCE ("MOD") HAS NOW CONFIRMED ORDERS FOR NEXT TWO YEARS TOTALLING APPROXIMATELY £23 MILLION..  Full Article

Chemring Says FY Revenue rises to 547.5 Mln Stg
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Chemring Group Plc ::FY UNDERLYING PRETAX PROFIT ROSE 30 PERCENT TO 44.1 MILLION STG.FY REVENUE FROM CONTINUING OPERATIONS 547.5 MILLION STG VERSUS 477.1 MILLION STG YEAR AGO.FINAL DIVIDEND 2 PENCE PER SHARE.TOTAL DIVIDEND 3 PENCE PER SHARE.‍FY18 TRADING PERFORMANCE FOR COUNTERMEASURES IS EXPECTED TO BE POSITIVE, ALBEIT WITH A SIGNIFICANT BIAS TOWARDS SECOND HALF​.  Full Article

Chemring Group sees trading performance for year to Oct 31 to be slightly ahead of board's expectations
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - CHEMRING GROUP PLC ::‍GROUP'S TRADING PERFORMANCE FOR YEAR TO 31 OCTOBER IS EXPECTED TO BE SLIGHTLY AHEAD OF BOARD'S EXPECTATIONS.​.‍FULL YEAR REVENUE OF £547M, AN INCREASE OF 15% ON PRIOR YEAR​.‍GROUP'S ORDER BOOK AT 31 OCTOBER 2017 WAS £478M​.  Full Article

Chemring wins A$18 mln contract from Australian department of defence
Thursday, 29 Sep 2016 

Chemring Group Plc : Contract win . Chemring australia has been awarded an a$18 million contract by Australian department of defence . Up to 50 man-portable systems will be delivered during first 18 months of contract .Contract to supply chemring's resolve 3 electronic warfare manpack system.  Full Article

Chemring FY trading expectations remain unchanged
Wednesday, 31 Aug 2016 

Chemring Group Plc : Expectations for FY16 full year trading remain unchanged . Revenue in three month period to 31 July 2016 was £109.1 million, an increase of 20.2 pct compared with £90.8 million in same period last year . Group's order book at 31 July 2016 was £665.9 million, 12.6 pct higher than order book of £591.3 million at 30 April 2016 . Net debt at 31 July 2016 was £147.0 million (30 April 2016: £114.4 million) . Recent weakening of sterling, principally against us dollar, accounts for £50.5 million of growth in order book . Trading on 40mm ammunition contract to an end user in Middle East is progressing in line with our expectations . Received a $3.1 million research and development contract for US next generation chemical detection program of record . Order book at 31 July 2016 was £665.9 million, 12.6 pct higher than order book of £591.3 million at 30 April 2016 . Recent weakening of sterling, principally against US dollar, accounts for £50.5 million of growth in order book . Net debt at 31 July 2016 was £147.0 million (30 April 2016: £114.4 million) .Has now been agreed that Steve will leave group on 30 Sept 2016 and his role will be covered on an interim basis by Andrew Davies, deputy group finance director.  Full Article

Chemring targets $2 billion U.S. contracts as defense lifts-off

Defense equipment maker Chemring Group Plc is targeting contracts worth around $2 billion in the United States after nearly five years of relatively low demand, its chief executive said.