Chemring Group PLC (STU:CMN1)
€ 4.2 -0.04 (-0.94%) Market Cap: 1.16 Bil Enterprise Value: 1.25 Bil PE Ratio: 323.18 PB Ratio: 2.75 GF Score: 86/100

Full Year 2020 Chemring Group PLC Earnings Call Transcript

Dec 15, 2020 / 07:00AM GMT
Release Date Price: €3.24 (+10.39%)
Michael Ord
Chemring Group PLC - Group Chief Executive & Director

Good morning, and welcome to the presentation of Chemring's results for the full year to the 31st of October 2020. As we remain working under the restrictions resulting from the coronavirus pandemic, we have again decided that the safest and most effective way of communicating with our investment community is virtually instead of our usual face-to-face meetings.

I am, as usual, joined today by Andrew Lewis, our Group Finance Director. I will provide a brief overview of the group highlights for the year. Andrew will then take you through the financial results. I will then comment on the progress made this year and areas of focus for FY '21.

Starting with a brief overview of our performance during FY '20. Our focus in recent years has been to put in place the foundations on which to build a stronger, higher-quality business, and the resilience that has been demonstrated throughout the financial year confirms that solid progress has been made. Against what was a challenging and changing environment, it's very pleasing

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