Chemring Share News (CHG)

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.

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.

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.

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.

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.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Chemring hires Smiths Group's James Mortensen as new CFO

Chemring Group PLC - Romsey, England-based provider of technology products and services to aerospace, defence and security markets - Appoints James Mortensen as chief financial officer. Mortensen joins Chemring from Smiths Group PLC, the FTSE 100-listed engineering group where he has spent the last seven years, and where he was most recently the group head of corporate development on the M&A team.

Chemring appoints James Mortensen as CFO

(Sharecast News) - Chemring said on Wednesday that it has appointed James Mortensen as its new chief financial officer.

LONDON BRIEFING: Stocks called down; UK inflation falls to 8.7%

(Alliance News) - Stock prices in London were called to open lower on Wednesday morning, despite new data showing that UK inflation has eased to 8.7%.

LONDON BROKER RATINGS: HSBC raises Rightmove to 'buy' from 'hold'

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

IN BRIEF: Chemring receives GBP43 million order for defence components

Chemring Group PLC - Romsey, Hampshire-based defence technology manufacturer - Receives order valued at GBP43 million for the delivery of critical components in the next generation light anti-tank weapon system. Says award follows GBP229 million that was placed on Saab AB by the UK Ministry of December in December. Expects to see deliveries under this contract to begin in 2024, as some of the components required have long lead times. Says it expects deliveries to continue into 2025 and 2026.

Chemring wins £43m NLAW contract

(Sharecast News) - Chemring said it had won a £43m order for the delivery of critical components used in the Next Generation Light Anti-Tank Weapon system (NLAW).

UK dividends calendar - next 7 days

Chemring keeps 2023 outlook but US budget dispute pushes back orders

(Alliance News) - Chemring Group PLC on Wednesday said annual expectations remained unchanged, although it expects trading to be weighted in the second half of 2023, as Washington haggles over spending.

Chemring orders rise, holds guidance

(Sharecast News) - UK defence company Chemring Group reported a rise in orders and said 90% of expected 2023 revenue was now covered as it held full-year guidance.