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UK small-cap RNS · 29 Sep 2026

Every announcement of UK small & mid caps under £2bn. The ones that started or moved a situation are marked – a click opens it.

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  1. 07:00
    Trading Update,Contract & Working Capital Facility Trading update
    Near-term H2 volumes slower than anticipated, with some revenue pushed into FY27 by Middle East deferrals and a UK supplier outage. H2 EBITDA only similar to H2 FY25, trimming the 'material improvement' guided in June.
    Upgrade / downgrade cycle below expectationsoutlook mixed, loweredfirst since Oct 2023 −6.1% on the day
    Moved: Record order book delivery: New c.€1m award; delivery due in 2026 → €6m extension awarded, FID-dependent; FY26 revenue partly slips · Middle East disruption to projects: Disruption ongoing, bottlenecks easing → Prolonged; now deferring Q4 work and awards
  2. 07:00
    Post Year-End Trading Update Trading update
    Guidance moves from 'in line' at the May interims to FY2026 'ahead of market expectations' (consensus £37.2m adjusted operating profit). Stronger collectables demand and a record World Cup contribution drove the beat.
    Transformational contract / build-out ahead of expectationsoutlook positive, raised +4.4% on the day
    Moved: News UK national distribution network expansion: Four national contracts signed; footprint still to be built → Build programme started; first go-live July 2027
  3. 07:00
    HY27 Trading Update Trading update
    ("Braemar", "the Company" and together with its subsidiaries the "Group")
    in line +3.6% on the day

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