Chemring Group First Half 2024 Earnings: EPS: UK£0.045 (vs UK£0.067 in 1H 2023)

In This Article:

Chemring Group (LON:CHG) First Half 2024 Results

Key Financial Results

  • Revenue: UK£223.4m (up 8.3% from 1H 2023).

  • Net income: UK£12.2m (down 35% from 1H 2023).

  • Profit margin: 5.5% (down from 9.1% in 1H 2023).

  • EPS: UK£0.045 (down from UK£0.067 in 1H 2023).

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LSE:CHG Earnings and Revenue Growth June 8th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Chemring Group Earnings Insights

Looking ahead, revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Aerospace & Defense industry in the United Kingdom.

Performance of the British Aerospace & Defense industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Chemring Group is showing 3 warning signs in our investment analysis that you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.