A resilient performance in FY24 by Braemar saw revenue maintained at £152.8m (FY23: £152.9m), a strong performance given the 51% increase in revenue the previous year. Overall fixtures were up 8% and the forward order book has increased by 47% to £65.3m ($82.6m). The focus on shipbroking and securities, having disposed of non-core activities and adding to shipbroking operations, is proving successful with increasingly diversified revenue across shipping segments. The initial objective of sustain ....
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23 May 2024
Braemar - FY24 final results – Resilient performance
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Braemar - FY24 final results – Resilient performance
Braemar PLC (BMS:LON) | 284 -1.4 (-0.2%) | Mkt Cap: 93.5m
- Published:
23 May 2024 -
Author:
Ian McInally -
Pages:
12 -
A resilient performance in FY24 by Braemar saw revenue maintained at £152.8m (FY23: £152.9m), a strong performance given the 51% increase in revenue the previous year. Overall fixtures were up 8% and the forward order book has increased by 47% to £65.3m ($82.6m). The focus on shipbroking and securities, having disposed of non-core activities and adding to shipbroking operations, is proving successful with increasingly diversified revenue across shipping segments. The initial objective of sustain ....