Continuing to build momentum: trading well ahead of last year, interim dividend planned hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
James Gundy, Group Chief Executive Officer of Braemar, commenting on the performance and the outlook said: I am delighted with the performance of Braemar this year where, in such a challenging period, we have not only exceeded market and indeed our own expectations for financial performance, but we have re-aligned many aspects of the business towards our new growth-oriented shipbroking strategy. We have also simplified the business, reduced net debt to manageable levels, improved our management structure and put ourselves in an ideal position to capitalise on the global recovery that is now underway, driving global trade and shipping markets which are showing indicators of future strength as a result. Our trading at the start of the new year has been strong and we are delighted to show our confidence in the business by reinstating a dividend of 5p per share to shareholders.