Braemar has announced the disposal of Braemar Response, its incident response business for a total consideration of £0.77m to Grupo Ambipar, a Brazilian environmental services group. The disposal marks the achievement of one of management’s key objectives for the year. In FY18, the business which sits within the Technical division, generated revenues of £3.89m and a pre-tax loss of £0.60m. We will review our forecasts at the time of the interims on 25 October. We retai
10 Oct 2018
Disposal of Braemar Response
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Disposal of Braemar Response
Braemar PLC (BMS:LON) | 262 0 0.0% | Mkt Cap: 86.4m
- Published:
10 Oct 2018 -
Author:
Peter Ashworth -
Pages:
2
Braemar has announced the disposal of Braemar Response, its incident response business for a total consideration of £0.77m to Grupo Ambipar, a Brazilian environmental services group. The disposal marks the achievement of one of management’s key objectives for the year. In FY18, the business which sits within the Technical division, generated revenues of £3.89m and a pre-tax loss of £0.60m. We will review our forecasts at the time of the interims on 25 October. We retai