25 October
2024
BRAEMAR PLC
("Braemar", the "Company" and together with its subsidiaries
the "Group")
Notice of HY25
Results
Braemar Plc (LSE: BMS), a leading
provider of expert investment, chartering and risk management
advice to the shipping and energy markets, today announces the
following update.
Publication of HY25 Results
The Group will announce its results
for the six months ended 31 August 2024 on Wednesday, 6 November 2024. In line with
previous guidance, revenue for HY25
is expected to be not less than £75m (HY24: £74.9m), with
underlying operating profit (before acquisition-related
expenditure) slightly ahead of the prior year (HY24:
£7.6m).
The board remains confident in the
outlook for the second half of the financial year and, in line with
the Group's stated progressive dividend
policy, expects to recommend an interim dividend of 4.5 pence per
share.
Results Roadshow and Online Presentations
The Company is hosting a results
roadshow, which will commence with an analyst briefing on Wednesday, 6 November 2024 at 10.30 a.m. at
Buchanan's offices at 107 Cheapside, London, EC2V 6DN. Please
contact the team at Buchanan via
braemar@buchanan.uk.com
for further details.
The Company is also hosting an
online investor presentation with Q&A on Friday, 8
November 2024, commencing at 1 p.m. To
participate, please register with PI World at
https://bit.ly/BMS_H125_results_webinar.
ENDS
For
further information, contact:
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Braemar Plc
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James Gundy, Group Chief Executive
Officer
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Tel +44
(0) 20 3142 4100
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Grant Foley, Group Chief Financial
Officer
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Rebecca-Joy Wekwete, Company
Secretary
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Canaccord Genuity
Adam James / Harry Rees
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Tel +44
(0) 20 7523 8000
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Burson Buchanan
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Charles Ryland / Stephanie Whitmore
/ Jack Devoy / Abby Gilchrist
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Tel +44
(0) 20 7466 5000
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Notes to Editors:
About Braemar Plc
Braemar provides expert investment,
chartering, and risk management advice to the shipping and energy
markets that enable its clients to secure sustainable returns and
mitigate risk in the volatile world of shipping and energy. Our
experienced brokers work in tandem with specialist professionals to
form teams tailored to our customers' needs, and provide an
integrated service supported by a collaborative culture.
Braemar joined the Official List of
the London Stock Exchange in November 1997 and trades under the
symbol BMS.
For more information, including our
investor presentation, visit www.Braemar.com and
follow Braemar on LinkedIn.
