Less Ads, More Data, More Tools Register for FREE

Pin to quick picksChemring Share News (CHG)

Share Price Information for Chemring (CHG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 374.50
Bid: 377.00
Ask: 379.50
Change: -6.50 (-1.71%)
Spread: 2.50 (0.663%)
Open: 382.00
High: 382.50
Low: 374.50
Prev. Close: 381.00
CHG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Chemring Going Strong; UK Ramping Up Following 2018 Accident

Wed, 04th Mar 2020 10:16

(Alliance News) - Chemring Group PLC said at its annual general meeting on Wednesday that performance is meeting expectations in both business lines.

Engineering firm Chemring makes products such as sensors and countermeasure flares for military customers. It is headquartered in Romsey, Hampshire.

In Sensors & Information, Chemring is seeing increased demand in its Roke business. In Countermeasures & Energetics, its Australia operations have begun delivering the first batches of training countermeasures for the F-35 fighter jet in the US.

In the UK, output is ramping up again following an accident in 2018, Chemring added.

In August that year, one employee was killed and another injured in an accident at one of its UK countermeasure facilities in Salisbury. This resulted in a suspension of operations.

Coronavirus is not impacting operations in a material way, Chemring continued, while continued geopolitical unrest is supporting the need for governments around the world to spend on defence and national security.

As of February 29, Chemring's order intake stood at GBP132 million, compared to GBP120 million a year before. Expected revenue for its financial year ending September is now 88% covered, compared to 86% a prior year.

Chemring's net debt at February 29 was GBP85.9 million, broadly flat from the year before.

The company will report results for the six months to April on June 3. Shares were 0.4% higher on Wednesday morning at 251.50 pence each.

By George Collard; georgecollard@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
10 Aug 2023 15:46

UK dividends calendar - next 7 days

Friday 11 August 
Blackrock Latin American Investment Trust PLCdividend payment date
Caffyns PLCdividend payment date
CMC Markets PLCdividend payment date
Montanaro UK Smaller Cos Investment Trust PLCdividend payment date
Next 15 Group PLCdividend payment date
Ninety One PLC and Ltddividend payment date
Schroder European Real Estate Investment Trust PLCdividend payment date
Sportech PLCspecial dividend payment date
Telecom Plus PLCdividend payment date
Triad Group PLCdividend payment date
Wincanton PLCdividend payment date
Monday 14 August 
Mountview Estates PLCdividend payment date
Tuesday 15 August 
Tatton Asset Management PLCdividend payment date
Wednesday 16 August 
Murray International Trust PLCdividend payment date
Shoe Zone PLCdividend payment date
Thursday 17 August 
4imprint Group PLCex-dividend payment date
abrdn PLCex-dividend payment date
abrdn Property Income Trust Ltdex-dividend payment date
Anglo American PLCex-dividend payment date
Baillie Gifford UK Growth Trust PLCex-dividend payment date
Berkeley Group Holdings PLCex-dividend payment date
BlackRock Sustainable American Income Trust PLCex-dividend payment date
Bridgepoint Group PLCex-dividend payment date
Chemring Group PLCex-dividend payment date
ConvaTec Group PLCex-dividend payment date
Ecofin US Renewables Infrastructure Trust PLCex-dividend payment date
GSK PLCex-dividend payment date
Henderson Opportunities Trust PLCex-dividend payment date
Hiscox Ltdex-dividend payment date
Impact Healthcare REIT PLCex-dividend payment date
Imperial Brands PLCex-dividend payment date
Investec PLC and Ltdex-dividend payment date
iomart Group PLCex-dividend payment date
Keller Group PLCex-dividend payment date
Lancashire Holdings Ltdex-dividend payment date
London Stock Exchange Group PLCex-dividend payment date
Montanaro European Smaller Cos Trust PLCex-dividend payment date
Murray Income Trust PLCex-dividend payment date
NextEnergy Solar Fund Ltdex-dividend payment date
Octopus Renewables Infrastructure Trust PLCex-dividend payment date
Pershing Square Holdings Ltdex-dividend payment date
Rotork PLCex-dividend payment date
Sabre Insurance Group PLCex-dividend payment date
Schroders PLCex-dividend payment date
Sirius Real Estate Ltddividend payment date
Tritax EuroBox PLCex-dividend payment date
UK Commercial Property REIT Ltdex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
8 Aug 2023 08:46

IN BRIEF: Chemring says new CFO to take position on January 1

Chemring Group PLC - Romsey, England-based provider of technology products and services to aerospace, defence and security markets - Says new chief financial officer James Mortensen will join the company's board on November 1, before taking the role of CFO on January 1 next year, following a handover period and the publication of Chemring's full-year results in December. Says current CFO Andrew Lewis will then step down, leaving the company on January 19.

Read more
2 Aug 2023 09:19

Berenberg names Chemring 'top pick' in UK defence sector

(Sharecast News) - Analysts at Berenberg bumped up their target price for shares of Chemring from 360.0p to 370.0p, pointing out the strength of its fundamentals and labelling the shares as their 'top pick' in the UK defence space.

Read more
2 Aug 2023 09:07

LONDON BROKER RATINGS: Barclays, Bernstein, Stifel cut Diageo PT

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
3 Jul 2023 10:37

IN BRIEF: Chemring director Stephen King buys GBP90,000 in shares

Chemring Group PLC - Romsey, England-based defence technology - Independent Non-Executive Director Stephen King buys 30,000 shares at average 294.98 pence each, worth GBP88,494, on Wednesday last week.

Read more
23 Jun 2023 09:28

LONDON BROKER RATINGS: Shore likes BAE but not keen on Avon Protection

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
9 Jun 2023 09:38

LONDON BROKER RATINGS: Stifel thinks B&M shares offer value

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
6 Jun 2023 17:30

UK's FTSE 100 rises against weaker pound; BATS gains

BATS up after maintaining annual forecast

*

Read more
6 Jun 2023 17:05

LONDON MARKET CLOSE: Stocks higher as interest rate decisions loom

(Alliance News) - Stocks in London were largely higher at the close on Tuesday, shrugging off a poor performance for oil majors in the FTSE 100 and lacklustre data for the UK's retail sector.

Read more
6 Jun 2023 12:17

LONDON MARKET MIDDAY: FTSE 100 underwhelms as BP and Shell fall

(Alliance News) - Stock prices in London were lower at midday on Tuesday, with the FTSE 100 hurt by share price falls for oil majors, while a less than stellar reading of the UK retail sector kept a lid on sentiment.

Read more
6 Jun 2023 09:59

Chemring hails record order book, shares rally

(Sharecast News) - Chemring posted a drop in interim profit and revenue on Tuesday, but shares surged as it reported a record order book.

Read more
6 Jun 2023 08:58

Chemring backs expectations on "increasingly positive" defence outlook

(Alliance News) - Chemring Group PLC on Tuesday said it saw record first-half order intake, with its order book reaching the highest level in over a decade at GBP750 million.

Read more
6 Jun 2023 08:58

LONDON MARKET OPEN: Stocks flat; oil slips amid US recession fear

(Alliance News) - Stock prices in London made little progress at Tuesday's market open, as the spectre of a US recession dulled risk appetite.

Read more
6 Jun 2023 07:49

LONDON BRIEFING: BAT's 'glo' doesn't; ABF buys National Milk Records

(Alliance News) - Stocks in London are expected to drift lower at Tuesday's open, after a weak close on Wall Street.

Read more
30 May 2023 15:45

UK earnings, trading statements calendar - next 7 days

Wednesday 31 May 
B&M European Value Retail SAFull Year Results
Bakkavor Group PLCTrading Statement
Bloomsbury Publishing PLCFull Year Results
DP Eurasia NVTrading Statement
Impax Asset Management Group PLCHalf Year Results
Ithaca Energy PLCQ1 Results
NWF Group PLCTrading Statement
Premier Miton Group PLCHalf Year Results
Tern PLCFull Year Results
WH Smith PLCTrading Statement
Thursday 1 June 
Auto Trader Group PLCFull Year Results
Dr Martens PLCFull Year Results
Pennon Group PLCFull Year Results
Trinity Exploration & Production PLCFull Year Results
Friday 2 June 
TR Property Investment Trust PLCFull Year Results
Monday 5 June 
Celadon Pharmaceuticals PLCFull Year Results
Hercules Site Services PLCHalf Year Results
Itaconix PLCFull Year Results
Sirius Real Estate LtdFull Year Results
ValiRx PLCFull Year Results
Tuesday 6 June 
British American Tobacco PLCTrading Statement
Chemring Group PLCHalf Year Results
Ferguson PLCQ3 Results
Gooch & Housego PLCHalf Year Results
Jadestone Energy PLCFull Year Results
N Brown Group PLCFull Year Results
NewRiver REIT PLCFull Year Results
Oxford Metrics PLCHalf Year Results
Paragon Banking Group PLCHalf Year Results
Speedy Hire PLCFull Year Results
Warehouse REIT PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.