Chemring ups dividend despite dollar impact

14th Dec 2021 07:07

(Sharecast News) - Chemring increased its final dividend as the company reported an 8% increase in annual underlying profit despite a weakening of the US dollar.

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Chemring sees FY in line as it wins $99m US govt contract

2nd Nov 2021 07:50

(Sharecast News) - Defence and security technology company Chemring said it had won a $99m US government contract to supply a biological warfare detection system, and added that full-year trading was in line with expectations.

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Chemring says HMRC has closed enquiry into CFC exemption

8th Oct 2021 07:59

(Sharecast News) - Chemring said on Friday that it has retired a contingent liability of up to £15m after HMRC confirmed that an enquiry into its participation in the UK's Controlled Foreign Company Finance exemption has been closed.

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Chemring secures three new contracts in Countermeasures & Energetics

28th Sep 2021 07:48

(Sharecast News) - Chemring announced three new contract awards in its Countermeasures & Energetics segment on Tuesday, with the biggest one valued at $22m.

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Chemring's FY outturn tracking in line with expectations

14th Sep 2021 08:46

(Sharecast News) - Aerospace and defence products firm Chemring said on Tuesday that recent trading had progressed as planned despite the "challenging environment" in which it continues to operate.

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Director dealings: Chemring CEO makes share sale

20th Jul 2021 16:20

(Sharecast News) - Chemring Group revealed on Tuesday that chief executive Michael Ord had disposed of 165,284 ordinary shares in the FTSE 250-listed aerospace, defence and security products firm.

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Jefferies initiates coverage on Chemring at 'buy'

2nd Jul 2021 09:39

(Sharecast News) - Analysts at Jefferies initiated coverage on advanced technology products and services firm Chemring at 'buy' on Friday, citing a "compelling growth story".

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London pre-open: Stocks set for higher start ahead of US jobs report

2nd Jul 2021 07:13

(Sharecast News) - Stocks are being called to start the session higher ahead of the release of the monthly US non-farm payrolls report.

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Thursday broker round-up

3rd Jun 2021 12:50

(Sharecast News) - Experian: RBC Capital Markets downgrades to underperform with a target price of 2,400p.

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Chemring posts rise in interim profits, announces Cubica acquisition

3rd Jun 2021 07:27

(Sharecast News) - Chemring posted a rise in interm profit and revenue on Thursday as it announced the acquisition of Cubica Group, a Surrey-based research and development company specialising in artificial intelligence, machine learning, data fusion and autonomy.

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Chemring says weak dollar could affect results

4th Mar 2021 08:51

(Sharecast News) - Chemring said trading was in line with expectations but that the weaker US dollar could hit its results in the current financial year.

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Chemring trades ahead of FY expectations

15th Dec 2020 08:13

(Sharecast News) - Advanced technology products and services group Chemring said on Tuesday that its full-year performance was ahead of expectations, with strong performances in both segments.

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Berenberg nudges up target price on Chemring

4th Nov 2020 13:12

(Sharecast News) - Analysts at Berenberg slightly raised their target price on aerospace and defence firm Chemring from 300.0p to 320.0p on Wednesday, stating cash was "king".

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Chemring sees FY profit at top end of market expectations

3rd Nov 2020 07:45

(Sharecast News) - Chemring said on Tuesday that annual operating profit is set to be at the top end of market expectations after trading for the year to the end of October 2020 ended "robustly".

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Chemring awarded $83.5m in orders for countermeasures for US Navy and US Air Force

30th Sep 2020 07:27

(Sharecast News) - UK defence electronics and countermeasures specialist Chemring's US subsidiary, CCM, has secured a $49.9m five-year so-called indefinite delivery/indefinite quantity contract from the US Navy for MJU-32/38 infrared decoy flares.

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