Notice of HY25 Results
HY25 revenue expected at least £75m with underlying operating profit slightly ahead of prior year.
vs expectations: slightly ahead
- HY25 Revenue (expected) not less than £75m (prior £74.9m)
- HY25 Underlying operating profit (expected) slightly ahead of prior year (prior £7.6m)
- Interim dividend (expected) 4.5 pence per share
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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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.