Company warns of delays2025/2026 sales growth cutBuyback upped to £200mShares in QinetiQ (QQ.) were on course to suffer their biggest single-day loss since listing in 2004, with the shares slumping as much as 20% after the defence group warned delays in UK and US contracts would impact 2025 revenue.The shares are now trading down 1% year-to-date, although over the last 12-months they are up...

Canal+ director buys on weaknessMetro Bank director buys into strengthChemring director reduces holdingMaxime Saada, chairman of the management board and chief executive of French media group Canal+ (CAN), bought 100,000 shares at 176p for a total value of £175,880 on 7 March.Saada's move comes after the company which produced the hit Paddington films said it was on track to become a global...

European defence stocks are becoming hot property again as governments across the continent signal an urgent need to increase military spending. The pan-European Stoxx 600 closed the session on 17 February 0.54% higher, lifted by a 4%-plus jump in the Stoxx 600 Aerospace and Defence index.With geopolitical tensions intensifying and European governments committing to increased military...

Chemring executives sell sharesEasyJet finance head sells stockImperial chief executive lightens upThe week before Christmas was a busy one for the boards of several UK firms as they offloaded shares ahead of the holidays.At defence contractor Chemring (CHG), chief executive Michael Ord and two other directors sold a total of 274,000 shares at 315p each on 18 December raising just shy of...

Stock prices opened in the red in London, Paris and Frankfurt on Tuesday, as investors await eurozone trade balance and US industrial production data.The Office for National Statistics reported that UK unemployment, in the three months to the end of October, remained unchanged at 4.3% compared to the three months to the end of September. Growth in average earnings including bonuses picked up...

Military equipment supplier Chemring (CHG) would seem to be well placed considering the recent escalation of geopolitical tensions and conflicts which have lifted sector peers. However, the shares have fallen sharply during the last quarter of 2024. Investors are seemingly nervous about a back-loaded fiscal 2024 (to 31 October) after a particularly harsh winter in early 2024 put the freeze on...

Firm sets bold 2030 aimOrder book tops £1 billionDefence spending boomingAerospace and defence firm Chemring (CHG) set itself the target of reaching £1 billion of revenue in 2030 while posting a strong set of first-half results and a record-high order backlog.However, the shares, which recently touched a 10-year high, traded sideways at 392p as the market succumbed to nervousness over...

Experian COO sells over £7 million worth of sharesYouGov directors? cash in on robust performanceChemring CEO sells just over 192,000 sharesAfter a 33% rally since the end of October 2023, is Experian?s (EXPN) chief operating officer (COO) Craig Boundy simply skimming some profit from his stake, or is this something more meaningful?The executive of the global data company sold 226,166 shares...

Our investor this week is Andy, who is in his early thirties and has been investing since he left university around a decade ago.A history graduate, Andy puts his initial interest in finance and markets down to his father who is an accountant.'I can't remember exactly what the trigger was,' says Andy, 'but around the time I was leaving university the economy was still just coming out of the...

Equity prices in Europe were weaker heading into Tuesday afternoon in listless trade as investors nervously await next week's central banking action.The US Federal Reserve and European Central Bank announce rate decisions next week Wednesday and Thursday, respectively.There is also a UK unemployment reading and US inflation data next week on Tuesday. The latter may give the Fed some food for...

Defence business Chemring's (CHG) cybersecurity unit Roke is an underappreciated part of the business, but it may not go under the radar for too much longer. The company's results for the year to 31 October revealed revenue from the division exceeded £100 million for the first time with order intake of £168 million, up 59% year-on-year.Based on previous transactions in the cybersecurity...

- Full-year pre-tax profit rises 6.1%- Final dividend hiked by 19% to 3.8p- Roke cyber security revenue exceeds £100 million for first timeDefence firm Chemring (CHG) delivered an encouraging set of results for the 12 months to 31 October and announced a significant lift to its final dividend.The war in Ukraine helped boost defence spending, with the company reporting a 13% increase in annual...

Chemring (CHG) 331.5pGain to date: 5.6%Original entry point: Buy at 314p, 5 August 2021Having initially struggled to gain any traction after we flagged Chemring's (CHG) appeal in August 2021, Russia's invasion of Ukraine changed the dynamics of military spending and helped lift shares in the defence firm.However, results for the six months to 30 April didn't get the best reception from the...

Chemring (CHG) 291pLoss to date: 7.3%Original entry point: Buy at 314p, 5 August 2021While the shares may not have budged off the back of Chemring's (CHG) full year results (14 Dec), we were encouraged by signs of underlying progress. In particular, improvement in margins reflects the company's transition to a higher quality business.For the year to 31 October, pre-tax profit rose to £48.8...

Defence firm Chemring (CHG) ticked 1.2% higher to 292.5p after it reported a rise in annual profit as improved margins offset a fall in revenue owing to a stronger pound.For the year ended 31 October, pre-tax profit rose to £48.8 million from £43.3 million year-on-year, while revenues fell 2% to £393.3 million.The company's underlying operating margin rose to 14.6% from 13.6%. This...

UK stocks opened higher on Tuesday as unemployment fell and investors continued to await interest-rate decisions due later in the week from a host of central banks. The UK jobless rate fell to 4.2%, down from 4.3% previously, with the claimant count falling by a better-than-expected 49,700.After falling back around 60 points on Monday, the FTSE 100 has recovered some of the lost ground in...

Chemring (CHG) 298.3pLoss to date: 5%Original entry point: Buy at 314p, 5 August 2021Despite a positive reaction to defence firm Chemring's (CHG) latest update, the shares are a bit below the level at which we made our positive call.The drift in the share price seems at odds with the company's continued progress. On 2 November it announced its US based subsidiary Chemring Sensors & Electronic...

UK stocks took a step back on Tuesday after the FTSE 100 began the week at a new year-high. For the next two days investor attention is likely to be on the pace of interest rate hikes, with the US Federal Reserve meeting tomorrow evening and the Bank of England meeting on Thursday lunchtime.Overnight there were record highs in the S&P 500, Dow Jones and Nasdaq 100, despite further evidence of...

Chemring (CHG) 328pGain to date: 4.5%Original entry point: Buy at 314p, 5 August 2021Our positive call on defence business Chemring (CHG) is off to steady start. On 14 September the company said its order book had risen in value, providing visibility for the rest of the year and instilling confidence that its results will meet analysts' expectations.Chemring's cyber security subsidiary Roke,...

Investors often look for certain attributes when researching stocks to help spot the most attractive opportunities.The list of desirable factors can include an improvement in a company's financial position, operational efficiency gains, niche skills with limited competition, and underappreciated assets which means a company could be considerably more attractive than its headline valuation...