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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Full Year 2023 Chemring Group PLC Earnings Call Transcript

Dec 12, 2023 / 07:00AM GMT
Release Date Price: $3.93
Michael Ord Chemring Group PLC;Group CEO

Good morning, and welcome to the presentation of Chemring's results for the full year to October 31, 2023. I am as usual, joined by Andrew Lewis, our Chief Financial Officer. I will provide a brief overview of the group's highlights for the year. Andrew will then take you through the financial results, and I'll then comment on the progress we've made this year and the areas where we are targeting for further growth in FY24 and beyond.

We have delivered good performance across the group throughout FY23 with heightened activity across both sectors. And we've worked hard to adapt to changing customer priorities and the unprecedented growth in demand for certain products.

The group has again delivered a robust performance that exceeded the expectations we held at the beginning of the year and our commitment to sustainable value creation through safe and ethical business conduct has ensured that we have reliably met our customers' critical needs.

None of this will be possible without the commitment and dedication of our people, and I

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