Chemring receives U.S. DoD approvals for countermeasures deliveries
17th Oct 2023 08:10
(Sharecast News) - America's Department of Defense granted Chemring the majority of the approvals needed in order to proceed with the delivery of certain countermeasures.
Read moreLondon close: Stocks maintain gains after latest jobs data
12th Sep 2023 15:48
(Sharecast News) - London's top-flight index ended Tuesday on a positive note, with AB Foods in focus on the back of an optimistic trading statement, as investors pored over the latest UK jobs data.
Read moreChemring's contract issue a buying opportunity, says Shore Capital
12th Sep 2023 10:50
(Sharecast News) - Shares in Chemring dropped 5% on Tuesday after the company said that the timing of a key contract would determine whether it hits its full-year targets; but broker Shore Capital recommended investors to use any weakness in the stock as an opportunity to pick up shares.
Read moreChemring full-year targets depend on outstanding £25m DoD order
12th Sep 2023 07:16
(Sharecast News) - Aerospace, defence and security tech group Chemring said it remains on track to hit forecasts this year, but only as long as the US Department of Defense signs off a £25m order.
Read moreBerenberg 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.
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