Logotype for Chemring Group PLC

Chemring Group (CHG) investor relations material

Chemring Group H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Chemring Group PLC
H2 2025 earnings summary9 Dec, 2025

Executive summary

  • Achieved resilient performance in FY 2025 with robust returns, excellent cash conversion, and a record order book driven by geopolitical factors and strategic investments for growth.

  • On track to double annual revenue to approximately £1bn by 2030, with strong operational execution and mid-teen margins.

  • Revenue increased 2% to £498 million, with operating margin improving to 14.8%.

  • EPS rose 3% to 19.4p, and cash conversion reached 114%.

  • Board declared a total dividend of 8p, up 3%.

Financial highlights

  • Order book increased 32% year-over-year to £1,345m; order intake up 20% to £781 million.

  • Group revenue up 2% year-over-year to £497.5m, operating profit up 6% to £73.5m, and operating margin up 50bps to 14.8%.

  • Countermeasures and energetics revenue grew 17% to £322.7m, with operating profit up 37% to £61.6m and margin at 19.1%.

  • Sensors and information revenue down 18% to £174.8m, operating profit down 25% to £31.2m, but margin held at 17.8%.

  • Net debt at £89 million, leverage at 0.90x.

Outlook and guidance

  • 76% of FY 2026 revenue already covered by orders; similar H2 weighting expected.

  • Targeting low double-digit growth in countermeasures and energetics, mid-double-digit growth in sensors and information.

  • CapEx for 2026 expected at £100–110 million, mainly due to higher Norway costs.

  • Cash conversion expected at 80–85% in FY 2026, normalizing to 90–100% in the medium term.

  • Long-term outlook robust, with a target to double revenue by 2030.

Roke's FY28 revenue target: key drivers for confidence?
Norway expansion: confidence in new CapEx estimate?
UK energetics: Chemring's strategy vs new entrants?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Chemring Group earnings date

Logotype for Chemring Group PLC
Q1 202624 Mar, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Chemring Group earnings date

Logotype for Chemring Group PLC
Q1 202624 Mar, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Chemring Group PLC operates in two segments: Sensors & Information, and Countermeasures & Energetics. The Sensor & Information segment develops and manufactures electronic countermeasures; chemical and biological threat detection equipment; and explosive hazard detection equipment, as well as provides consulting and technology services to solve security-critical issues. The Countermeasures & Energetics segment offers expendable countermeasures for air, sea, and land platforms; cartridge/propellant actuated devices; pyrotechnic devices for satellite launch and deployment; missile components; separation sub-systems; actuators; and energetic materials, as well as aircrew egress and safety systems

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage