Chemring Group PLC (CHG.L)
18 Jun 2013
|Market Cap (Mil.):||£513.58|
|Shares Outstanding (Mil.):||193.29|
* Cuts interim dividend to 3.5 pence a share from 5.3 pence
(Corrects to fourth bullet point and 12th paragraph to say that the 40 pct reduction is in "headoffice" headcount and not overall headcount)
June 18 - Military equipment maker Chemring Group Plc's first-half profit fell by more than a third, hurt by production delays and a slow order intake, and the company said it expected results for the year towards the lower end of estimates.
Feb 27 - Military equipment maker Chemring Group Plc reported a 2.8 percent rise in revenue in the first quarter as it put a torrid 2012 behind it, and said it remained focused on restructuring its operations.
Jan 24 - Military equipment maker Chemring Plc reported a 42 percent fall in profit in fiscal 2012, a year marred by profit warnings and failed takeover talks, and said difficult market conditions would persist in 2013.