Chemring's results for the year ended Ocrober showed revenue of £402.5,
up 20 per cent year on year and underlying profit before tax of £51.7m, up 31
The 2020 performance
was ahead of the board’s expectations and there was strong growth in orders and
revenue for the Roke division, including a strategically important first
electronic warfare order for Resolve into the US Department of Defense.
Expectations for 2021 were unchanged with approximately 78% of expected 2021 revenue covered by the order book.