Chemring Group – up over 54% in the last month

Mark Watson-Mitchell
2 hours ago
1 min read

02.07.2025

On Wednesday 4^th June, I featured this group, one of my long-term favourites within the defence, security and aerospace markets.

That was following the company’s Interim Results, which showed that the group’s order book has grown over 39% in the last year, to a massive £1.04bn – which is a record for the company and gives it an impressive medium-term revenue coverage going forward.

Its shares were then trading at 380.50p.

On Monday of this week, 30^th June, the group announced that it was paying up to £20m cash for its acquisition of Landguard Nexus, the Fareham, Hampshire-based software defined radio systems company, whose products are supplied to defence, government and law enforcement customers.

It looks to be a ‘natural fit’ into the Chemring corporate portfolio.

CEO Michael Ord stated that:

"The acquisition of Landguard further enhances Roke's significant operational capabilities and is further evidence of Chemring delivering its strategy of delivering growth through a combination of organic investment and bolt-on acquisitions in high-priority defence and national security markets."

After having touched 589p on Monday 16^th June, the group’s shares eased back to 536p a few days later.

They have subsequently edged higher again to around the 561p level.

Despite having risen 54% over the last month, I still remain a firm Chemring fan and consider that the shares are a Strong Hold.