Interims reflect continued challenging markets. Revenues fell 5% to £66.6m (£70.2m) and underlying PBT amounted to £2.1m (£2.7m). Shipbroking delivered a resilient performance, Technical has reduced losses and Logistics reported a lower profit. The group anticipates a stronger H2 performance, benefitting from seasonal factors in Shipbroking, a recovery in Technical and the initial contribution from Braemar NAVES, its new Financial division. We have maintained our FY201
23 Oct 2017
Markets in H1 challenging. Stronger H2 expected
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Markets in H1 challenging. Stronger H2 expected
Braemar PLC (BMS:LON) | 276 0 0.0% | Mkt Cap: 90.7m
- Published:
23 Oct 2017 -
Author:
Peter Ashworth -
Pages:
12
Interims reflect continued challenging markets. Revenues fell 5% to £66.6m (£70.2m) and underlying PBT amounted to £2.1m (£2.7m). Shipbroking delivered a resilient performance, Technical has reduced losses and Logistics reported a lower profit. The group anticipates a stronger H2 performance, benefitting from seasonal factors in Shipbroking, a recovery in Technical and the initial contribution from Braemar NAVES, its new Financial division. We have maintained our FY201