Edison Investment Research - Braemar Shipping Services (BMS) Braemar - FY23 and H124 results to be released

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Edison Investment Research

Toby Thorrington

Braemar - FY23 and H124 results to be released

Braemar announced today that it would be releasing its FY23 results and its 2023 Annual Report and Accounts on 16 November, followed by its H124 results for the period to 31 August on 29 November. This unusual situation follows the suspension of the shares in July, pending an investigation into a historical transaction. It will be seeking a relisting of the shares after the FY23 announcement.

14/11/2023 1 EN

Underlying

Braemar Shipping Services

Braemar is an international provider of knowledge and skills-based services to the shipping, marine, energy, offshore and insurance industries. Co. provides a combination of skills and advice through its three operating divisions: Shipbroking, which provides shipbroking services as agent to the owners and charterers of vessels; Technical, which provides a range of shipping, marine, energy, offshore and insurance market related services; and Logistics, which operates under the name Cory Brothers and provides ship agency, freight forwarding and logistics services.

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GB0000600931 London Stock Exchange United Kingdom

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Toby Thorrington

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Braemar - FY23 and H124 results to be released

Audio Note: Braemar and Clarkson - Tariffs, Shipping and the Shipbrokers

Braemar (BMS LN) - Trading remains challenging - HOLD

Braemar (BMS LN) - Initiation: attractive valuation & business model but macro uncertainties abundant - BUY

Manx Financial Group - Termination of coverage

musicMagpie - Termination of coverage

Topps Tiles - Accelerating growth through Q125

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