FOR IMMEDIATE RELEASE 25 SEPTEMBER 2006
CHEMRING GROUP PLC
ANALYSTS SITE VISITS
Chemring Group PLC ("Chemring" or "the Company") is to host a series of site
visits by research analysts and fund managers this week. During these visits
the management of Chemring will be making a series of presentations on the
Company's products, capabilities and markets.
Chemring is the leading supplier of expendable decoys, with over 50% of the
world market, and will be presenting its own view of the key drivers and
long-term prospects for the global market. The presentations will demonstrate
the Company's belief that its market outlook for the next five years remains
strong, with continued prospects for good growth in the longer-term.
In particular, these presentations will focus on:
i) The continued intensity of peacekeeping operations in Iraq, Afghanistan and
other global trouble spots, and how this is expected to drive market growth
over the next few years.
ii) The growing number of Defence Aids Suites systems now being fitted to
existing platforms, such as Apache, NH90, Tiger and Lynx, and how they will
extend the demand for expendable decoys over the medium term.
iii) The introduction of new platforms, such as Raptor, Typhoon, JSF, V-22 and
A400M, and how they will generate new flare requirements that will grow over
the long-term and should compensate for any mid-term reduction in peacekeeping
activities.
iv) The introduction of advanced decoys, with more sophisticated countermeasure
performance, and how they are both increasing the cost per flare dispensed and
generating significantly higher than inflation growth in market revenue.
Chemring has recently acquired a number of companies in the energetics market.
The presentations will focus on the size and structure of the key market
segments, discuss the strong progress made on integrating the acquisitions and
identify areas targeted for long-term growth by the Company.
The presentations will be posted on the Company's website.
Enquiries:
Rupert Pittman - Cardew Group Tel: 020 7930 0777
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