25th Sep 2006 07:00
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 sitevisits by research analysts and fund managers this week. During these visitsthe management of Chemring will be making a series of presentations on theCompany's products, capabilities and markets.Chemring is the leading supplier of expendable decoys, with over 50% of theworld market, and will be presenting its own view of the key drivers andlong-term prospects for the global market. The presentations will demonstratethe Company's belief that its market outlook for the next five years remainsstrong, 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 andother global trouble spots, and how this is expected to drive market growthover the next few years.ii) The growing number of Defence Aids Suites systems now being fitted toexisting platforms, such as Apache, NH90, Tiger and Lynx, and how they willextend the demand for expendable decoys over the medium term.iii) The introduction of new platforms, such as Raptor, Typhoon, JSF, V-22 andA400M, and how they will generate new flare requirements that will grow overthe long-term and should compensate for any mid-term reduction in peacekeepingactivities.iv) The introduction of advanced decoys, with more sophisticated countermeasureperformance, and how they are both increasing the cost per flare dispensed andgenerating 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 marketsegments, discuss the strong progress made on integrating the acquisitions andidentify 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 0777ENDCHEMRING GROUP PLCRelated Shares:
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