Braemar plc Reports Profit Forecast for HY2025

Strong Operational Performance Drives Positive Outlook

1H2025 Financial Highlights

Braemar plc, a leading provider of marine consulting services, announced its profit forecast for the first half of 2025 (HY2025). The company anticipates a robust financial performance driven by continued growth across its core business segments.

Key performance indicators for HY2025 include:

• Revenue: Projected to increase due to strong demand for Braemar's advisory, brokerage, and technical services.
• Operating profit: Expected to witness a significant rise compared to the previous half-year period, driven by increased revenue and efficient cost management.
• Profit before tax: Estimated to show substantial growth, reflecting the company's strong operational performance and financial discipline.

Factors Contributing to Growth

Braemar's positive profit forecast is attributed to several key factors, including:

• Increased shipping activity: The global shipping industry is experiencing a surge in activity, leading to higher demand for Braemar's advisory and brokerage services.
• Growing demand for technical services: Ship owners and operators are increasingly relying on Braemar's technical expertise for vessel inspections, audits, and consultancy services.
• Strategic acquisitions: Braemar's recent acquisitions of leading maritime consultancies have expanded its service offerings and strengthened its market presence.

Outlook for the Future

Braemar plc remains optimistic about its future growth prospects. The company's continued focus on innovation, customer service, and operational efficiency is expected to support its long-term success.

In addition to its strong financial performance, Braemar is committed to sustainability and corporate social responsibility. The company is actively working to reduce its environmental impact and support the communities in which it operates.