OverviewSuggest Edit

Chemring Group is a group of companies focused on the design, development, and manufacture of sensors, energetic solutions, and countermeasure suites for protecting air, sea, and land platforms against the threat of guided missiles. Its products, services, and experts enable militaries and security forces for screening and illumination, NASA to take rockets into orbit, and navies to ensure their missiles self-destruct. In addition, the company develops sensor and information technologies to detect explosive, biological, chemical, radio, or cyber threats.

TypePublic
Founded1905
HQRomsey, GB
Websitechemring.co.uk
Employee Ratings2.4

Latest Updates

Employees (est.) (Dec 2019)2,616(+3%)
Job Openings3
Revenue (FY, 2019)£335.2 M(+13%)
Share Price (Jun 2021)£2.9
Cybersecurity ratingCMore

Key People/Management at Chemring Group

Michael Ord

Michael Ord

Group Chief Executive & Director
Carl-Peter Forster

Carl-Peter Forster

Chairman
Andrew Lewis

Andrew Lewis

Group Finance Director
Sarah Ellard

Sarah Ellard

Group Legal Director & Company Secretary
Rupert Pittman

Rupert Pittman

Group Director of Corporate Affairs
Clancy Murphy

Clancy Murphy

Chief People Officer
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Chemring Group Office Locations

Chemring Group has offices in Romsey, Barnwood, Holton Heath, Salisbury and in 6 other locations
Romsey, GB (HQ)
Roke Manor, Old Salisbury Ln
Barnwood, GB
Meteor Court
Holton Heath, GB
Ordnance House, Blackhill Road
Anakie, AU
230 Staceys Rd
Sætre, NO
Engeneveien
Aston, PA, US
121 N Commerce Dr
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Chemring Group Financials and Metrics

Chemring Group Revenue

Chemring Group's revenue was reported to be £335.2 m in FY, 2019 which is a 12.7% increase from the previous period.
GBP

Revenue (FY, 2019)

335.2m

Revenue growth (FY, 2018 - FY, 2019), %

12.7%

Net income (FY, 2019)

23.1m

EBIT (FY, 2019)

31.3m

Market capitalization (11-Jun-2021)

833.1m

Closing stock price (11-Jun-2021)

2.9

Cash (31-Oct-2019)

1.3m

EV

908.7m
Chemring Group's current market capitalization is £833.1 m.
Annual
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

377.3m477.1m307.1m297.4m335.2m

Revenue growth, %

(6%)26%(36%)(3%)13%

Cost of goods sold

272.5m353.7m

Gross profit

104.8m123.4m
Half Year
GBPH1, 2015H1, 2016H1, 2017H1, 2018H1, 2019

Revenue

161.7m180.1m249.6m229.3m139.3m

EBIT

(8.3m)(5.3m)(900.0k)7.6m6.5m

EBIT margin, %

(5%)(3%)0%3%5%

Interest expense

6.8m11.5m5.9m3.3m2.2m
Annual
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

7.6m63.1m33.6m9.6m1.3m

Accounts Receivable

81.3m82.7m131.0m62.2m30.6m

Inventories

96.2m104.8m97.6m71.4m78.1m

Current Assets

197.4m282.6m262.6m143.3m133.3m
Half Year
GBPH1, 2016H1, 2017H1, 2018H1, 2019

Cash

10.5m5.0m500.0k6.4m

Accounts Receivable

85.7m128.7m114.5m60.0m

Inventories

111.8m113.3m95.6m78.2m

Current Assets

208.8m247.6m211.0m144.7m
Annual
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

35.4m76.4m40.8m49.3m21.9m

Inventories

13.6m(6.0m)1.6m(7.9m)

Accounts Payable

(1.1m)2.3m(8.3m)(2.7m)

Cash From Operating Activities

25.7m65.2m32.2m35.9m61.9m
Half Year
GBPH1, 2016H1, 2017H1, 2018H1, 2019

Net Income

(11.1m)(2.2m)(14.8m)(400.0k)

Inventories

(10.7m)(16.0m)(900.0k)(8.3m)

Accounts Payable

(2.1m)(3.4m)(25.7m)6.4m

Cash From Operating Activities

(4.8m)(16.5m)13.1m25.7m
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Chemring Group Operating Metrics

Chemring Group's Backlog was reported to be £449m in FY, 2019.
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Chemring Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Simmel DifesaMay 27, 2014
RokeAugust 10, 2010
Hi-Shear Technology Corp.November 25, 2009
BDL Systems LtdNovember 03, 2008
3d-Radar AS
Alloy Surfaces Company, Inc.
Arc Europe SA
Chemring Australia Pty Ltd
Chemring Countermeasures
Chemring Countermeasures USA
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Chemring Group Revenue Breakdown

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Chemring Group revenue breakdown by business segment: 60.7% from Countermeasures & Energetics and 39.3% from Sensors & Electronics

Chemring Group revenue breakdown by geographic segment: 54.6% from US, 27.1% from UK, 7.4% from Asia Pacific, 9.1% from Europe and 1.8% from Other

Chemring Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Chemring Group Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Chemring Group Online and Social Media Presence

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Chemring Group News and Updates

Chemring Group Frequently Asked Questions

  • When was Chemring Group founded?

    Chemring Group was founded in 1905.

  • Who are Chemring Group key executives?

    Chemring Group's key executives are Michael Ord, Carl-Peter Forster and Andrew Lewis.

  • How many employees does Chemring Group have?

    Chemring Group has 2,616 employees.

  • What is Chemring Group revenue?

    Latest Chemring Group annual revenue is £335.2 m.

  • What is Chemring Group revenue per employee?

    Latest Chemring Group revenue per employee is £128.1 k.

  • Who are Chemring Group competitors?

    Competitors of Chemring Group include Meggitt Avionics, ELTA Systems and Marshall Aerospace and Defence Group.

  • Where is Chemring Group headquarters?

    Chemring Group headquarters is located at Roke Manor, Old Salisbury Ln, Romsey.

  • Where are Chemring Group offices?

    Chemring Group has offices in Romsey, Barnwood, Holton Heath, Salisbury and in 6 other locations.

  • How many offices does Chemring Group have?

    Chemring Group has 10 offices.