Chemring Grp Plc Unsp/Adr (CMGMY) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.274 And welcome... to the presentation of Kemring's interim results for the six months to 00:00:04.274 -- 00:00:06.977 the 30th of April, 2025. I 00:00:06.977 -- 00:00:10.280 am, as usual, joined by our CFO, James Mortenson. 00:00:10.280 -- 00:00:15.064 I'll briefly cover some of the group highlights from our first half before handing over 00:00:15.064 -- 00:00:19.047 to James, who'll take you through our financial and operational performance. 00:00:19.047 -- 00:00:23.091 I'll then comment on the general market environment and the progress we are making in 00:00:23.091 -- 00:00:28.536 delivering our incremental growth strategy, which is underpinned by our values of safety, 00:00:28.536 -- 00:00:32.938 excellence, and innovation. We'll then take questions. 00:00:35.444 -- 00:00:39.950 Our momentum from 2024 has been maintained into this year with the continued delivery 00:00:39.950 -- 00:00:44.215 of our long-stated goal of balancing near-term performance with longer-term growth and 00:00:44.215 -- 00:00:48.821 value creation. Across the first half, our operational and trading performance has been 00:00:48.821 -- 00:00:53.648 robust and in line with the expectations we set out in December, continuing to demonstrate 00:00:53.648 -- 00:00:58.088 the resilience and quality of the group. Our record order book and associated trading 00:00:58.088 -- 00:01:03.094 visibility underpins our growth ambitions as we build towards our goal of increasing 00:01:03.094 -- 00:01:06.579 annual revenue to £1 billion by 2030 00:01:06.579 -- 00:01:11.325 and be assured we will continue to closely manage operational and financial risk during 00:01:11.325 -- 00:01:14.469 this period of organic and inorganic growth. 00:01:14.469 -- 00:01:18.635 In summary, the ...