Friday’s AGM update highlighted that trading remains in line with the Board’s expectations. Shipping markets are largely unchanged since results in May, with tanker markets still low but dry bulk benefitting from strong commodity demand. Braemar-NAVES has seen a strong Q1 and is trading ahead of expectations. Technical has seen encouraging fresh enquiries. Group trading is in line with expectations. The shares fell 34p last week, going XD 10p. BMS is on a PER 10x versus a peer gro

25 Jun 2018
Trading in line with expectations

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Trading in line with expectations
Braemar PLC (BMS:LON) | 234 0 0.0% | Mkt Cap: 76.9m
- Published:
25 Jun 2018 -
Author:
Peter Ashworth -
Pages:
2 -
Friday’s AGM update highlighted that trading remains in line with the Board’s expectations. Shipping markets are largely unchanged since results in May, with tanker markets still low but dry bulk benefitting from strong commodity demand. Braemar-NAVES has seen a strong Q1 and is trading ahead of expectations. Technical has seen encouraging fresh enquiries. Group trading is in line with expectations. The shares fell 34p last week, going XD 10p. BMS is on a PER 10x versus a peer gro