Notice of HY25 Results

Braemar PLC

25 October 2024

 

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 [e-mail] 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:

Braemar Plc
James Gundy, Group Chief Executive Officer		Tel [phone]
Grant Foley, Group Chief Financial Officer
Rebecca-Joy Wekwete, Company Secretary
Canaccord Genuity Adam James / Harry Rees		Tel [phone]
Burson Buchanan
Charles Ryland / Stephanie Whitmore / Jack Devoy / Abby Gilchrist		Tel [phone]

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.

 

END