THE INFORMATION CONTAINED WITHIN
THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION AS
STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO. 596/2014)
WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION
(WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT,
THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC
DOMAIN.
16 May 2024
BRAEMAR PLC
("Braemar", the "Company" and together with its subsidiaries
the "Group")
Notice of FY24
Results
Braemar Plc (LSE: BMS), a leading
provider of expert investment, chartering and risk management
advice, today announces the following update.
Publication of FY24 Results
The Group will announce its audited
final results for the year ended 29 February 2024 ("FY24") on
Thursday, 23 May 2024 and publish its 2024 Annual Report and
Accounts shortly thereafter.
Previous FY24 guidance remains
unchanged, with revenue of not less than £150m (FY23: £153m) and
underlying operating profit of not less than £18m, in line with
market expectations1.
Results Roadshow and Online Presentations
The Company is hosting a results
roadshow, which will commence with an analyst briefing on Thursday,
23 May 2024 at 10.30 a.m. at Buchanan's offices at 107 Cheapside,
London, EC2V 6DN. Please contact the team at Buchanan via
braemar@buchanan.uk.com
for further details.
The Company is also hosting an
online investor presentation with Q&A on Tuesday, 28 May 2024,
commencing at 1 p.m. To participate, please register with PI World
at
https://bit.ly/BMS_FY24_webinar.
1. Company compiled
consensus as at the date of this announcement: FY24 revenue of
£150.4m and FY24 underlying operating profit (before acquisition-related
expenditure) of £18m.
For
further information, contact:
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Braemar Plc
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James Gundy, Group Chief Executive
Officer
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Tel +44 (0) 20 3142 4100
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Grant Foley, Group Chief Financial
Officer
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Rebecca-Joy Wekwete, Company
Secretary
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Buchanan
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Charles Ryland / Stephanie Whitmore /
Jamie Hooper
/ Abby Gilchrist
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Tel +44 (0) 20 7466 5000
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Investec Bank plc
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Gary Clarence / Alice King
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Tel +44 (0) 20 7597 5970
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Cavendish Securities PLC
Ben Jeynes / Matt Lewis (Corporate
Finance)
Leif Powis / Dale Bellis / Charlie
Combe (Sales & ECM)
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Tel +44 (0) 20 7220 0500
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