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chemring group plc (CHG) Details

Chemring Group PLC manufactures and supplies technology electronics and energetic products for defense and security agencies, and defense prime contractors in the United States, the United Kingdom, Australia, and Norway. It operates through three segments: Countermeasures, Sensors, and Energetic. The Countermeasures segment designs, develops, manufactures, and sells expendable countermeasures for protecting air, sea, and land platforms; and land–based electronic warfare equipment. This segment’s products include conventional and advanced flares, special material decoys, and chaffs, as well as RF and IR naval decoys, and naval decoy launchers. The Sensors segment develops, manufactures, and sells improvised explosive device (IED) detection equipment, chemical and biological threat detection equipment, IED electronic countermeasures, network protection technologies, and explosive ordnance disposal equipment. This segment also provides under-vehicle surveillance systems, remote initiators, detonators, explosive charges, recoilless de-armers/disruptors, electronic intelligence equipment, and lawful intercept equipment. The Energetic segment develops, procures, manufactures, and sells signals and illumination devices and payloads, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile and ammunition components, propellants, warheads, fuses, separation sub–systems, actuators, and energetic materials. The company also exports its products worldwide. Chemring Group PLC was founded in 1905 and is headquartered in Romsey, the United Kingdom.

2,500 Employees
Last Reported Date: 06/5/19
Founded in 1905

chemring group plc (CHG) Top Compensated Officers

Group Chief Executive & Director
Total Annual Compensation: 364.2K GBP
Group Finance Director & Director
Total Annual Compensation: 476.0K GBP
Group Legal Director, Company Secretary & Exe...
Total Annual Compensation: 276.0K GBP
Compensation as of Fiscal Year 2018.
chemring group plc
Chemring Group PLC Provides Earnings Guidance for the Year 2019

The Chemring Group PLC announced that the full year expectations for 2019 are unchanged. As a result of insurance recoveries in respect of the incident at the UK Countermeasures site which occurred in August 2018 being received earlier than previously anticipated, the first half/Second half weighting of continuing underlying operating profit for 2019 is now expected to be approximately 30%:70% (previous guidance 15%:85%).

Chemring Group PLC - Shareholder/Analyst Call

To outline initial observations on, and some medium-term plans for, the Group

Chemring Group PLC Provides Earnings Guidance for the Full Year of 2018

The Board of Chemring Group PLC provided earnings guidance for the full year of 2018. For the period the expectations are unchanged, however as a result of operational disruption at some of the manufacturing sites the Group expects a more significant second-half weighting to revenue, underlying operating profit (15%:85%) and cash.

 

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