Chemring Group PLC (CHG.L)
Oct 27 British defence contractor Chemring Group Plc lowered its forecast for full-year underlying operating profit by nearly a third, hurt by delays in revenues from a contract in the Middle East.
Oct 27 British defence contractor Chemring Group Plc said its underlying operating profit for the full year would be reduced by nearly a third due to a delay in revenues from a contract in the Middle East.
* Revenue in four-month period to Aug. 31, was 119 million stg, an increase of 23.8 percent
June 23 British defence contractor Chemring Group Plc reported a first-half loss, hurt by delays in orders from the Middle East and budgetary cuts in its key markets.