UK's Chemring falls on lower interim operating profit
02/06/2026 08:38
BUZZ-UK's Chemring falls on lower interim operating profit ** Shares of global aerospace and defence products maker Chemring CHG.L down ~5% at 485.6 p
** Co says underlying operating profit down 8% at £24.5 million ($33.02 million) for six months to April 30
** Reports lower underlying operating margin of 10.3% for H1 2026 amid expected relatively weaker H1 in Sensors & Information segment due to business mix and lower utilisation rates
** Stock has risen ~3% so far this year
($1 = 0.7421 pounds)
(Reporting by Roshni Srivastava in Bengaluru)