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United Kingdom

Chemring Group PLC (CHG.L)

CHG.L on London Stock Exchange

155.20GBp
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-0.60 (-0.39%)
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155.80
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Volume
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239.50
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Fri, May 10 2019

Chemring first half boosted by early insurance payouts

Defence contractor Chemring Group Plc raised its expectations for first half operating profit on Friday, citing faster payouts by insurers for an explosion at its UK military hardware factory that has crippled production.

UPDATE 1-Chemring first half boosted by early insurance payouts

May 10 Defence contractor Chemring Group Plc raised its expectations for first half operating profit on Friday, citing faster payouts by insurers for an explosion at its UK military hardware factory that has crippled production.

Chemring forecasts stronger first half boosted by insurance recoveries

May 10 Defence contractor Chemring Group Plc on Friday bumped up its operating profit expectations for the first half as it benefits from early insurance recoveries of a blast-hit site.

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