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Pin to quick picksBraemar Shipping Company Research (BMS)

Share Price Information for Braemar Shipping (BMS)

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231.00    1.00 (0.43%)
Bid:
231.00
Ask:
240.00
Spread: 9.00 (3.896%)
Market Cap: £73.89m
BMS Live PriceLast checked at - London Stock Exchange

Intraday Braemar Shipping Share Chart

Braemar - Solid H1 driven by diversification, outlook robust

Wed, 06th Nov 2024 08:10

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.

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