Brief: Braime Group Posts FY Revenue Of 36.4 Million Stg

Braime

28/04/2022 08:00

April 28 (Reuters) - Braime Group PLC  BMT.L :
    * FY UNDERLYING OPERATING PROFIT 2.5 MILLION STG VERSUS 1.4
MILLION STG YEAR AGO
    * FY UNDERLYING EBITDA 3.8 MILLION STG
    * FY REVENUE 36.4 MILLION STG
    * BEING BADLY AFFECTED BY HUGE INCREASES IN COST OF OUR MAIN
RAW
MATERIALS, STEEL, PLASTIC RESIN AND RUBBER
    * OVER 600% INCREASE IN COST OF SEA FREIGHT, AND DOUBLING OF
DELIVERY TIMES DURING 2021 HAS SHOWN NO SIGN OF ABATING
    * ON OCCASIONS, SHIPPING COST NOW EXCEEDS EX-WORKS COST OF
PRODUCTS
    * 'LOOK TO YEAR AHEAD WITH CONCERN, AND ANTICIPATE DIFFICULT
TIMES
AHEAD'

Source text for Eikon:  ID:nRSb6069Ja 
Further company coverage:  BMT.L 

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