Braemar PLC Reports Steady Revenue and Growth Outlook
Company Announcements

Braemar PLC Reports Steady Revenue and Growth Outlook

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

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.

Related Articles
TipRanks UK Auto-Generated NewsdeskBraemar PLC Reports Solid Half-Year Financial Growth
TipRanks UK Auto-Generated NewsdeskBraemar PLC Shares Update for Shareholders
TheFlyBraemar PLC initiated with a Buy at Canaccord
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App