In a trading update for the year to 28 February 2023, Braemar highlighted record revenue and profitability for the period. Braemar expects to report revenue not less than £150m, up at least 48.1% on FY22A, and underlying operating profit of not less than £20m, c100% ahead of FY22A, with all parts of the business performing well and further helped by a positive dollar FX tailwind. Braemar has increased its investment in the business during H2/23 and with trading in the current year staring well, ....

22 Mar 2023
Cenkos: Braemar Plc -- Record revenue and profitability

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Cenkos: Braemar Plc -- Record revenue and profitability
Braemar PLC (BMS:LON) | 288 14.4 1.8% | Mkt Cap: 94.7m
- Published:
22 Mar 2023 -
Author:
Ian McInally -
Pages:
7 -
In a trading update for the year to 28 February 2023, Braemar highlighted record revenue and profitability for the period. Braemar expects to report revenue not less than £150m, up at least 48.1% on FY22A, and underlying operating profit of not less than £20m, c100% ahead of FY22A, with all parts of the business performing well and further helped by a positive dollar FX tailwind. Braemar has increased its investment in the business during H2/23 and with trading in the current year staring well, ....