Chemring Group – results

Chemring Group trebled its pre-tax profits to £3.22m, on sales up almost 1% to £29.5m, in the 26 weeks to the end of April. The company, which makes weapons and marine safety products, benefited from cost reductions and the introduction of two new naval shells. Its overall orders were up 62% to £59m, with defence […]

Chemring Group trebled its pre-tax profits to £3.22m, on sales up almost 1% to £29.5m, in the 26 weeks to the end of April. The company, which makes weapons and marine safety products, benefited from cost reductions and the introduction of two new naval shells. Its overall orders were up 62% to £59m, with defence orders accounting for £49m of the total.