BMS.L

Braemar Shipping Services Plc
Braemar PLC - Notice of HY25 Results
25th October 2024, 06:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 5529J
Braemar PLC
25 October 2024
 

 

A picture containing text, clipart Description automatically generated

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:

Braemar Plc



 

James Gundy, Group Chief Executive Officer

Tel +44 (0) 20 3142 4100

 

Grant Foley, Group Chief Financial Officer


 

Rebecca-Joy Wekwete, Company Secretary


 

Canaccord Genuity

 

Adam James / Harry Rees

 

 

 

Tel +44 (0) 20 7523 8000

 

Burson Buchanan


 

Charles Ryland / Stephanie Whitmore / Jack Devoy / Abby Gilchrist

Tel +44 (0) 20 7466 5000

 

 

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.

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NORFESFALELSEES]]>
TwitterFacebookLinkedIn