General industrials - LSE - Mcap: £87m - Price: 265p - Flash
BRAEMAR
SOLID H1 DRIVEN BY DIVERSIFICATION, OUTLOOK ROBUST
Braemar’s H125 results reflect a continuation of the successful diversification strategy that has been deployed for the last three years. Revenue was robust, up 1%, and operating profit increased 9%, highlighting operational leverage. Braemar’s underlying markets retain strong fundamentals that include increasing global demand and an aging global fleet; this bodes well for the future and is reflected in its robust forward order book. The company remains on track to achieve market expectations for this financial year.
Braemar: Edison
Nov 6, 2024Disclaimer & Declaration of Interest
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