Chemring Group PLC (OTCPK:CMGMY)
$ 4.76 -0.09 (-1.86%) Market Cap: 1.30 Bil Enterprise Value: 1.39 Bil PE Ratio: 340.45 PB Ratio: 2.91 GF Score: 86/100
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Half Year 2022 Chemring Group PLC Earnings Call Transcript

Jun 08, 2022 / 06:00AM GMT
Release Date Price: $5
Michael Ord
Chemring Group PLC - Group Chief Executive & Director

Good morning, and welcome to the presentation of Chemring's results for the half year to the 30th of April 2022. I am, as usual, joined today by Andrew Lewis, our Group Finance Director. I'll begin by providing a brief overview of the group's highlights for the half year. Andrew will then take you through the financial results, and I'll provide some more general comments on the market environment, our strategic priorities and the outlook for the full year.

Starting with a brief overview of our performance during the first half of FY '22. This has been a further period of strong operational and financial performance across the group, which I would summarize as the group again delivering sustainable growth. Our focus remains on building a high-quality and resilient business. This has enabled us to negotiate numerous, hopefully, short-term challenges, including delays to customer procurement cycles, supply chain interruptions, increasing utility costs and labor availability. Despite these challenges, the group has performed in

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