Braemar Shipping Services ( (GB:BMS) ) has provided an update.
Braemar Plc reported a robust trading performance for the fiscal year ending February 2025, despite pressures on global charter rates due to geopolitical volatility. The company’s diversified business model helped offset these challenges, with strong performances in areas like Sale and Purchase. While revenue and operating profit saw a slight decline compared to the previous year, the company maintained strong operating cash flow and quickly returned to a positive net cash position. The board remains confident in the company’s long-term prospects, supported by a strong forward order book and strategic plans for growth through organic investment and acquisitions.
More about Braemar Shipping Services
Braemar Plc is a leading provider of expert investment, chartering, and risk management advice to the shipping and energy markets. The company enables its clients to secure sustainable returns and mitigate risk in the volatile world of shipping through its experienced brokers and specialist professionals. Braemar is listed on the London Stock Exchange under the symbol BMS.
YTD Price Performance: 11.11%
Average Trading Volume: 57,436
Technical Sentiment Signal: Sell
Current Market Cap: £84.08M
For an in-depth examination of BMS stock, go to TipRanks’ Stock Analysis page.