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Chemring Group Reports Strong Order Intake and Growth
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Chemring Group Reports Strong Order Intake and Growth

Chemring (GB:CHG) has released an update.

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Chemring Group PLC has reported robust trading performance for the fiscal year ending October 2024, with a significant increase in order intake to £638 million, compared to £604 million the previous year. The company’s strong order book of £1,108 million highlights continued demand in its Countermeasures & Energetics and Sensors & Information sectors, positioning Chemring well for future growth. Key orders from international customers and strategic partnerships, such as those with Boeing and the Norwegian Government, underscore Chemring’s global reach and capabilities in defense technologies.

For further insights into GB:CHG stock, check out TipRanks’ Stock Analysis page.

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