News: Chemring Group PLC (CHG.L)

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Mon, Oct 5 2009

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STOCKS NEWS EUROPE-Chemring up on Kilgore contract win

Shares in Chemring Group Plc rise 5.8 percent after the British military-goods maker says its U.S. unit Kilgore Flares Co LLC received a five-year contract with a maximum potential value of $804 million for the supply of decoy flares to the U.S. Department of Defence.

Chemring wins U.S. flare contract

(Reuters) - Military-goods maker Chemring Group Plc said on Monday its U.S. unit Kilgore Flares Co LLC received a five-year contract with a maximum potential value of 480 million pounds for the supply of decoy flares to the U.S. Department of Defence (DoD).

UPDATE 1-Chemring says unit wins flare contract from US DoD

* Says 5-yr contract has maximum potential value of $804 mln * Says 1st delivery order at $42 mln placed on Kilgore * Shares up 1.6 pct (Adds details)

Chemring revenue up in last 4 months

LONDON (Reuters) - Military goods maker Chemring reported a 40 percent rise in revenues over the last four months and said its order book had grown almost a third on the same period last year.

UPDATE 1-Chemring says revenue up 40 pct in last 4 months

LONDON, Sept 18 (Reuters) - British military goods maker Chemring reported a 40 percent rise in revenues over the last four months and said its order book had grown almost a third on the same period last year.

Henderson favouring industrial mid-caps

LONDON (Reuters) - Henderson is underweighting retailers as well as travel and leisure stocks on a negative outlook for consumers next year, said a senior European small-caps manager at a briefing on Monday.

Chemring buys U.S.-listed Hi-Shear

LONDON (Reuters) - Military goods maker Chemring has agreed to buy U.S.-listed space and defence supplier Hi-Shear in a $132 million (80 million pound) all-cash deal.

Ex-divs to take 0.23 points off FTSE 100 on July 15

LONDON, July 13 (Reuters) - The following FTSE 100 company will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout.

STOCKS NEWS UK-Morse leaps on outlook, cash position

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