REG - Braemar PLC - Notice of HY25 Results

BraemarAnnouncement

25/10/2024 07:00

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RNS Number : 5529J  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
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
Friday, 8 November 2024, commencing at 1 p.m. To participate, please register
with PI World at https://bit.ly/BMS_H125_results_webinar
(https://url.uk.m.mimecastprotect.com/s/Q8qOCRgwECP0G77t9fjF1afJJ?domain=bit.ly)
.

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 (http://www.braemar.com/)  and follow Braemar
on LinkedIn (https://www.linkedin.com/company/braemar-ltd) .

 

 

 

 

 

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