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REG - Braemar PLC - Notice of FY24 Results

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RNS Number : 6266O  Braemar PLC  16 May 2024

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE
INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO.
596/2014) WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL)
ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION
IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

 

16 May 2024

BRAEMAR PLC

("Braemar", the "Company" and together with its subsidiaries the "Group")

 

Notice of FY24 Results

 

Braemar Plc (LSE: BMS), a leading provider of expert investment, chartering
and risk management advice, today announces the following update.

 

Publication of FY24 Results

The Group will announce its audited final results for the year ended 29
February 2024 ("FY24") on Thursday, 23 May 2024 and publish its 2024 Annual
Report and Accounts shortly thereafter.

 

Previous FY24 guidance remains unchanged, with revenue of not less than £150m
(FY23: £153m) and underlying operating profit of not less than £18m, in line
with market expectations(1).

 

Results Roadshow and Online Presentations

The Company is hosting a results roadshow, which will commence with an analyst
briefing on Thursday, 23 May 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 (mailto:braemar@buchanan.uk.com) for further details.

The Company is also hosting an online investor presentation with Q&A on
Tuesday, 28 May 2024, commencing at 1 p.m. To participate, please register
with PI World at https://bit.ly/BMS_FY24_webinar
(https://url.uk.m.mimecastprotect.com/s/7nseCNxpzs10p6Ehmu7k7?domain=bit.ly) .

1.   Company compiled consensus as at the date of this announcement: FY24
revenue of £150.4m and FY24 underlying operating profit (before
acquisition-related expenditure) of £18m.

 

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

 Buchanan
 Charles Ryland / Stephanie Whitmore / Jamie Hooper              Tel +44 (0) 20 7466 5000

 / Abby Gilchrist

 Investec Bank plc
 Gary Clarence / Alice King                                      Tel +44 (0) 20 7597 5970

 Cavendish Securities PLC

 Ben Jeynes / Matt Lewis (Corporate Finance)                     Tel +44 (0) 20 7220 0500

 Leif Powis / Dale Bellis / Charlie Combe (Sales & ECM)

 

 

 

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