Business
Results for the year ended 31 October 2025
Chemring Group PLC reported a resilient performance for the year ended 31 October 2025, with revenue increasing by 2% to £497.5 million and underlying operating profit up 6% to £73.5 million, driven by strong momentum in Countermeasures & Energetics. The company achieved a record order book of £1,345.4 million, up 32%, providing significant medium-term revenue visibility. Underlying diluted earnings per share rose by 3% to 19.4 pence, and the company declared a dividend of 8.0 pence per share, a 3% increase. Net debt stood at £89.0 million, reflecting capital investment, and the outlook for 2026 remains unchanged with approximately 76% of expected revenue already covered by the order book. Disclaimer*
About this update from Chemring Group Plc
[{"type":"text","content":"\n\n 9 December 2025\n \nCHEMRING GROUP PLC\n(\"Chemring\", \"the Group\" or \"the Company\")\n \nRESULTS FOR THE YEAR ENDED 31 OCTOBER 2025\nResilient performance, delivering the plan, record order book and robust outlook\n \n\n\n\n\n\n\n\nAs reported\n\n\nAt 2024 exchange rates\n\n\n\n\n\n\n\n\n\n\n2025\n\n\nChange\n\n\n2025\n\n\nChange\n\n\n2024\n\n\n\n\nContinuing operations\n\n\n \n\n\n \n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n\n\n\nRevenue (£m)\n\n\n497.5\n\n\n+2%\n\n\n502.2\n\n\n+3%\n\n\n488.3\n\n\n\n\nUnderlying EBITDA (£m) \n\n\n98.6\n\n\n+8%\n\n\n99.7\n\n\n+9%\n\n\n91.5\n\n\n\n\nUnderlying operating profit (£m)\n\n\n73.5\n\n\n+6%\n\n\n74.3\n\n\n+7%\n\n\n69.6\n\n\n\n\nUnderlying diluted earnings per share (pence)\n\n\n19.4\n\n\n+3%\n\n\n19.7\n\n\n+4%\n\n\n18.9\n\n\n\n\nProfit before tax (£m)\n\n\n67.7\n\n\n+31%\n\n\n \n\n\n \n\n\n51.8\n\n\n\n\nDividend per share (pence)\n\n\n8.0\n\n\n+3%\n\n\n \n\n\n \n\n\n7.8\n\n\n\n\nNet debt at 31 October (£m) \n\n\n89.0\n\n\n \n\n\n88.7\n\n\n \n\n\n52.8\n\n\n\n\nOrder intake (£m)\n\n\n781.4\n\n\n+21%\n\n\n792.0\n\n\n+22%\n\n\n649.0\n\n\n\n\nOrder book at 31 October (£m)\n\n\n1,345.4\n\n\n+32%\n\n\n1,318.0\n\n\n+29%\n\n\n1,022.4\n\n\n\n\n \n \nHighlights\n\n\n\n\n· \n\n\nResilient revenue growth of 2% with continued strong momentum in Countermeasures & Energetics, offset by softness in Sensors & Information due to short-term delays in UK Government spending\n\n\n\n\n· \n\n\nUnderlying operating profit margin of 14.8% (2024: 14.3%) reflecting a focus on operational excellence, and Energetics expansion programmes delivering ahead of schedule\n\n\n\n\n· \n\n\nImproved cash conversion of 114% (2024: 103%) with continued focus on working...