Notice of FY24 Results
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 |
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 |
Tel +44 (0) 20 7466 5000 |
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Investec Bank plc |
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Gary Clarence / Alice King |
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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