Braemar Plc·Industrials

Braemar Plc (BSEAF) Q4 2026 Earnings Call Transcript

Braemar PLC (LSE:BMS, OTC:BSEAF) shares fell 5.3% to 212p after the shipping and energy broker reported a drop in revenue and profits for the year to February 2026, despite finishing the year in line with expectations. The Middle East conflict is creating a mixed picture for shipping, with higher freight rates but lower volumes in certain markets, the company said.
Braemar Plc provides shipbroking, and financial advisory services in the United Kingdom, Singapore, the United States, Australia, Germany, and internationally. It operates in two segments: Shipbroking and Financial. The Shipbroking segment is involved in the tanker and dry cargo charter broking, sale and purchase broking, offshore broking and consultancy, and commodity and commodity derivatives. The Financial segment engages in capital raising activities in the offshore, multipurpose, and heavylift divisions. The company was formerly known as Braemar Shipping Services Plc and changed its name to Braemar Plc in September 2022. Braemar Plc was founded in 1842 and is headquartered in London, the United Kingdom.
Industrials
Marine Shipping
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2021-01-08
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