Chemring Group (CHG)

Sector:

Defense and Aeronautics

Index:

FTSE 250

379.50p
   
  • Change Today:
      6.00p
  • 52 Week High: 386.00p
  • 52 Week Low: 255.50p
  • Currency: UK Pounds
  • Shares Issued: 272.35m
  • Volume: 327,415
  • Market Cap: £1,033.59m
  • RiskGrade: 157

Chemring orders rise, holds guidance

By Frank Prenesti

Date: Wednesday 15 Mar 2023

LONDON (ShareCast) - (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.
The company's order book was up to £677m at February 26 from £476m a year earlier, with strong demand in active cyberdefense, operational mission support and open-source intelligence services, and space-launch systems.

Chemring added that it expected performance and cash generation to be weighted toward the second half of the year due to order intake delays in 2022 as a result of the US government's extended Continuing Resolution spending bills.

Reporting by Frank Prenesti for Sharecast.com

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Chemring Group Market Data

Currency UK Pounds
Share Price 379.50p
Change Today 6.00p
% Change 1.61 %
52 Week High 386.00p
52 Week Low 255.50p
Volume 327,415
Shares Issued 272.35m
Market Cap £1,033.59m
RiskGrade 157

Chemring Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.95% below the market average91.95% below the market average91.95% below the market average91.95% below the market average91.95% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Price Trend
84.73% above the market average84.73% above the market average84.73% above the market average84.73% above the market average84.73% above the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Income
64.96% below the market average64.96% below the market average64.96% below the market average64.96% below the market average64.96% below the market average
25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average
Growth
44.11% below the market average44.11% below the market average44.11% below the market average44.11% below the market average44.11% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 0
Sell 1
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Chemring Group Dividends

  Latest Previous
  Final Interim
Ex-Div 21-Mar-24 17-Aug-23
Paid 12-Apr-24 08-Sep-23
Amount 4.60p 2.30p

Trades for 29-Apr-2024

Time Volume / Share Price
13:36 80 @ 379.50p
13:35 1 @ 379.50p
13:35 427 @ 379.50p
13:35 211 @ 379.50p
13:35 3,000 @ 380.45p

Chemring Group Key Personnel

CFO James Mortensen

Top of Page