Braemar Shipping: translating business initiatives into accelerated growth

Braemar Shipping (LSE: BMS) are 234p with a £76m market cap and reports interim results to August 2026. Revenue increased 16% to £74.3m with a 34% increase in PBT to £5.1m for an EPS of 11.9p up from 9.3p and the dividend is being increased 10% to 2.75p. There was £1.4m invested in senior broking hires and a new power desk, as well as expanding the trainee programme.  Despite this investment, the net cash generated from operating activities improved to £8.4m from £1.0m, leaving no net debt. A new three-year revolving credit facility with HSBC leaves room for appropriate acquisitions, which are...