Braime Group Achieves Record Revenue in 2024 Despite Industry Headwinds

 

Braime Group PLC (LSE:BMTO) has reported its highest-ever annual revenue, reaching £48.9 million in 2024, alongside a pre-tax profit of £3.2 million. This strong financial performance comes in spite of broader economic difficulties, reflecting the company’s resilience and operational efficiency. In recognition of these results, Braime has announced a total dividend of 15.25p for the year.

The company remains focused on growth through innovation and international expansion. A notable development includes the establishment of a new subsidiary in Indonesia, aimed at tapping into growth opportunities within the grain industry. Additionally, Braime is making strategic investments in capital projects to support long-term scalability. While optimistic, the company maintains a cautious outlook given ongoing geopolitical uncertainty and economic pressures, particularly affecting the automotive sector.

About Braime Group PLC

Braime Group PLC operates in the manufacturing and distribution of specialized industrial components, with a focus on deep drawn metal presswork and bulk material handling systems. Its operations are carried out through key subsidiaries, including Braime Pressings Limited and the 4B division. The company serves a diverse customer base across sectors such as agriculture and automotive, offering products like elevator buckets, monitoring sensors, and wear-resistant components. With a history spanning over 130 years and active trading in 96 countries, Braime continues to grow its global footprint, most recently entering the Indonesian market.

• Average Daily Trading Volume: 207 shares

• Technical Sentiment: Buy

• Market Capitalization: £14.64 million

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments are closed

WHAT IS ADVFN?

ADVFN covers all things stock market.

From the news and opinion pieces on pages like this to share discussion forums, charting tools, financials, live share prices and Level 2, order book data

If you trade or invest ADVFN has the tools you need to make the right decisions.

• 

  101 Ways to Pick Stock Market Winners

  You need the number one bestselling investment guide, the definitive text for day traders, investors and stock pickers.

• 

  The Death of Wealth

  Dissecting the global economy and the financial markets, the book lays out the evidence for the next economic game changer: the Death of Wealth.

• 

  Tip TV

• 

  Robbie Burns

• 

  Alpesh Patel

• 

  Rebecca Clinton-Floyed