Chemring 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.
Read moreChemring 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.
Read moreChemring 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.
Read moreChemring 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.
Read moreChemring 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.
Read moreChemring'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.
Read moreDirector 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.
Read moreJefferies 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".
Read moreLondon 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.
Read moreThursday broker round-up
3rd Jun 2021 12:50
(Sharecast News) - Experian: RBC Capital Markets downgrades to underperform with a target price of 2,400p.
Read moreChemring 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.
Read moreChemring 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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