Chemring Group PLC (OTCPK:CMGMY)
$ 4.76 -0.09 (-1.86%) Market Cap: 1.30 Bil Enterprise Value: 1.39 Bil PE Ratio: 297.50 PB Ratio: 2.90 GF Score: 87/100
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Full Year 2021 Chemring Group PLC Earnings Call Transcript

Dec 14, 2021 / 07:00AM GMT
Release Date Price: $4.46
Michael Ord
Chemring Group PLC - Group Chief Executive & Director

Good morning, and welcome to the presentation of Chemring's results for the full year till 31st of October 2021.

Whilst we remain working under COVID restrictions, with the current concern around the Omicron variant, we have again decided that the safest and the most effective way of engaging with our investment community is virtually rather than our usual face-to-face briefing.

I am, as usual, joined today by Andrew Lewis, our Group Finance Director. I'll provide a brief overview of the group's highlights for the year. Andrew will then take you through the financial results. And I will then comment on the progress made this year and the areas we are targeting for further growth in FY '22 and beyond.

Starting with a brief overview of our performance during FY '21, a year in which we successfully navigated a number of operational and financial challenges, including foreign exchange headwinds and delays to customer procurement processes. The focus we have placed in recent years on building a higher-quality

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