Are the shares of Braemar (LON:BMS) a ‘sell’ before tomorrow morning’s Interim Results are announced?
After a recently lowered guidance, the six months to the end of August this year are expected to show almost stand-still revenues of £75m (£74.9m), while the half-time underlying operating profit is likely to be gently better at £7.6m.
The £78m capitalised group, which is a leading provider of expert investment, chartering and risk management advice to the shipping and energy markets, is hoping to see a better second half-year.
The Business
The group is the...
