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Braemar PLC Reports Steady Revenue and Growth Outlook
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Braemar PLC Reports Steady Revenue and Growth Outlook

Braemar Shipping Services (GB:BMS) has released an update.

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Braemar PLC, a leading shipbroker, maintained solid revenues of £152.8 million with a slight operating profit dip to £16.5 million due to acquisition costs and a foreign exchange impact. The firm’s forward order book increased by 47%, signaling strong future performance and confidence, evidenced by an 8% rise in total dividends to 13.0 pence per share for FY24.

For further insights into GB:BMS stock, check out TipRanks’ Stock Analysis page.

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