Brief: Braime Group HY Profit Before Tax £885,000

Braime

08/09/2021 16:06

Sept 8 (Reuters) - Braime Group PLC  BMT.L :
    * BRAIME GROUP PLC - GROUP SALES REVENUE FOR FIRST SIX
MONTHS OF
2021 INCREASED BY 13% TO £18.2M WHEN COMPARED TO £16.1M FOR SAME
PERIOD IN 2020
    * BRAIME GROUP PLC - DIRECTORS HAVE DECIDED TO INCREASE
INTERIM
DIVIDEND FROM 4.00P TO 4.25P PER SHARE.
    * BRAIME GROUP PLC - HY PROFIT BEFORE TAX INCREASED TO
£885,000
COMPARED TO £372,000 YEAR AGO
    * BRAIME GROUP - BENEFITTING FROM LARGE INCREASE IN VOLUME
OF
SALES, DUE IN PART TO BREXIT BOUNCE, & DUE TO ONGOING
INTRODUCTION OF NEW PRODUCTS
    * BRAIME GROUP PLC - INFLATIONARY PROBLEMS WILL REDUCE OUR
MARGINS
IN SHORT TERM
    * BRAIME GROUP PLC - TRYING TO PASS ON INCREASES TO
CUSTOMERS, BUT
THERE IS AN INEVITABLE DELAY IN THE PROCESS

Source text for Eikon:  ID:nRSH1662La 
Further company coverage:  BMT.L 

 ((Reuters.Briefs@thomsonreuters.com;))