Berenberg names Chemring 'top pick' in UK defence sector
2nd Aug 2023 09:19
(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 moreChemring hails record order book, shares rally
6th Jun 2023 09:59
(Sharecast News) - Chemring posted a drop in interim profit and revenue on Tuesday, but shares surged as it reported a record order book.
Read moreChemring appoints James Mortensen as CFO
24th May 2023 09:59
(Sharecast News) - Chemring said on Wednesday that it has appointed James Mortensen as its new chief financial officer.
Read moreChemring wins £43m NLAW contract
29th Mar 2023 07:04
(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).
Read moreChemring orders rise, holds guidance
15th Mar 2023 08:03
(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.
Read moreChemring profits rise, holds guidance
13th Dec 2022 07:53
(Sharecast News) - UK defence firm Chemring Group on Tuesday reported a rise in annual pre-tax profit as it maintained guidance for the current year.
Read moreChemring says it is on track to meet FY 2022 sales target, order book growing
6th Oct 2022 07:29
(Sharecast News) - Chemring said that it was on track to meet its revenue target for the 2022 fiscal year even as its FY 2023 order book continued to build.
Read moreSector movers: Homebuilders, Aerospace and Defence pace bounce
21st Sep 2022 19:07
(Sharecast News) - Household Goods and Home Construction led a bounce in the UK stock market, even as investors waited on an interest rate decision from the US Federal Reserve after Wednesday's close and another from the Bank of England the next day, together with news of a partial mobilisation of Russia's armed forces.
Read moreBarclays downgrades Chemring on relative valuation basis
15th Jul 2022 08:50
(Sharecast News) - Barclays downgraded Chemring on Friday to 'underweight' from 'equalweight' on a relative valuation basis and cut the price target to 336p from 360p.
Read moreSerious Fraud Office closes investigation into Chemring subsidiary
1st Jul 2022 07:23
(Sharecast News) - Advanced technology products group Chemring said on Friday that the UK's Serious Fraud Office had closed its investigation into the activities of its Chemring Technology Solutions subsidiary and associated persons.
Read moreBerenberg raises target price on Chemring
8th Jun 2022 10:43
(Sharecast News) - Analysts at Berenberg raised their target price on technology products and services group Chemring from 360.0p to 420.0p on Wednesday, stating the firm's "strong" first-half performance had highlighted underlying momentum.
Read moreChemring interim profit, revenue rise; 2022 guidance backed
8th Jun 2022 09:40
(Sharecast News) - Defence technology company Chemring posted a rise in interim profit and revenue on Wednesday and hiked its dividend, as it backed its expectations for 2022.
Read moreSector movers: Inflation worries drag on stocks, Defence issues wanted
11th Apr 2022 16:49
(Sharecast News) - Cyclical issues fared worst at the start of the week amid ongoing heightened concerns around the war in Ukraine and its potential duration.
Read moreSunday share tips: Chemring, Keywords Studios
6th Mar 2022 13:00
(Sharecast News) - The Financial Mail on Sunday's Midas column told readers to 'buy' shares of Defence outfit Chemring, arguing that the tide was turning for the sector as a whole due to heightened geopolitical tensions.
Read moreChemring sees FY earnings 'slightly ahead' of consensus expectations
3rd Mar 2022 08:35
(Sharecast News) - Chemring said on Thursday that results for the current year are set to be "slightly ahead" of consensus analyst expectations of £62.2m adjusted operating profit thanks to recent contract wins.
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