Declared Dividend • 7h
Final dividend of UK£0.045 announced Shareholders will receive a dividend of UK£0.045. Ex-date: 30th July 2026 Payment date: 7th September 2026 Dividend yield will be 2.8%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 175% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • 17h
Braemar Plc Proposes Final Dividend for the Year Ended 28 February 2026, Payable on 7 September 2026 The board of Braemar Plc is proposing a final dividend for the year ended 28 February 2026 of 4.5 pence per share for approval by shareholders at the Company's Annual General Meeting to be held on 2 July 2026. Subject to shareholder approval, the final dividend will be paid on 7 September 2026 to shareholders who are on the register at the close of business on 31 July 2026, with a corresponding ex-dividend date of 30 July 2026. The last date for Dividend Reinvestment Plan ("DRIP") elections will be 14 August 2026. New Risk • May 22
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.7% Last year net profit margin: 4.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin). Aankondiging • May 13
Braemar Plc to Report Fiscal Year 2026 Final Results on May 21, 2026 Braemar Plc announced that they will report fiscal year 2026 final results on May 21, 2026 Aankondiging • Feb 18
Braemar Plc, Annual General Meeting, Jul 02, 2026 Braemar Plc, Annual General Meeting, Jul 02, 2026. Aankondiging • Oct 27
Braemar Plc to Report First Half, 2026 Results on Nov 05, 2025 Braemar Plc announced that they will report first half, 2026 results on Nov 05, 2025 Aankondiging • Jul 02
Braemar Plc Approves Final Dividend for the Year Ended 28 February 2025, Payable on 8 September 2025 Braemar Plc announced that at its Annual General Meeting held on 2 July 2025, approved final dividend of 2.5 pence per ordinary share for the year ended 28 February 2025, to be paid on 8 September 2025. Aankondiging • May 15
Braemar Plc to Report Fiscal Year 2025 Results on May 29, 2025 Braemar Plc announced that they will report fiscal year 2025 results on May 29, 2025 Aankondiging • Mar 26
Braemar plc Provides Earnings Guidance for FY25 Braemar Plc provided earnings guidance for the Fiscal Year 2025. For the period, the company expects revenue to be in the region of £141.0m (FY24: £152.8m), with underlying operating profit (before acquisition-related expenditure) of c.£16.5m (FY24: £18.1m), subject to audit. Aankondiging • Mar 07
Braemar plc Announces Executive Changes Braemar Plc announced that Tristram (Tris) Simmonds is standing down from his role as Group Chief Operating Officer (COO) with immediate effect to explore other opportunities. The board announced that Grant Foley's role as Group Chief Financial Officer, will now encompass a wider remit, with Grant taking on responsibility for leading all support functions as well as Braemar's Securities business (subject to regulatory approval). Having joined Braemar in August 2023, Grant has made a significant impact on the business and draws on a wealth of commercial and transactional expertise, having previously held senior finance and operational roles in leading public and private financial services and technology businesses, including ClearScore and CMC Markets plc. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Cat Valentine was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 14
Upcoming dividend of UK£0.045 per share Eligible shareholders must have bought the stock before 21 November 2024. Payment date: 13 January 2025. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.8%). New Risk • Nov 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Reported Earnings • Nov 08
First half 2025 earnings released: EPS: UK£0.068 (vs UK£0.054 in 1H 2024) First half 2025 results: EPS: UK£0.068 (up from UK£0.054 in 1H 2024). Revenue: UK£76.0m (up 1.4% from 1H 2024). Net income: UK£2.15m (up 37% from 1H 2024). Profit margin: 2.8% (up from 2.1% in 1H 2024). Revenue is forecast to stay flat during the next 3 years compared to a 3.8% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €3.18, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Infrastructure industry in Europe. Total returns to shareholders of 27% over the past three years. New Risk • Oct 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €92.1m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Market cap is less than US$100m (€92.1m market cap, or US$99.6m). Aankondiging • Oct 25
Braemar Plc to Report First Half, 2025 Results on Nov 06, 2024 Braemar Plc announced that they will report first half, 2025 results on Nov 06, 2024 Aankondiging • Sep 19
Braemar plc Provides Earnings Guidance for HY2025 Braemar Plc provides earnings guidance for HY 2025. For the period, the company expects Revenue to be not less than £75m (HY24: £74.9m), with underlying operating profit (before acquisition-related expenditure) slightly ahead of the prior year (HY24: £7.6m). Upcoming Dividend • Jul 25
Upcoming dividend of UK£0.09 per share Eligible shareholders must have bought the stock before 01 August 2024. Payment date: 09 September 2024. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.8%). Recent Insider Transactions • Jul 12
Group CEO & Executive Director recently sold €284k worth of stock On the 8th of July, James Christopher Gundy sold around 80k shares on-market at roughly €3.55 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. James Christopher has been a net seller over the last 12 months, reducing personal holdings by €1.5m. Aankondiging • Jul 05
Braemar Plc Approves Final Dividend for the Year Ended 29 February 2024, Payable on 9 September 2024 Braemar Plc at its Annual General Meeting held on 03 July 2024, approved a final dividend of nine pence per ordinary share for the year ended 29 February 2024, to be paid on 9 September 2024. Aankondiging • Jun 08
Braemar Plc, Annual General Meeting, Jul 03, 2024 Braemar Plc, Annual General Meeting, Jul 03, 2024. Location: the companys offices at one strand, trafalgar square, wc2n 5hr, london United Kingdom New Risk • Jun 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (4.3% increase in shares outstanding). Reported Earnings • May 26
Full year 2024 earnings released: EPS: UK£0.16 (vs UK£0.16 in FY 2023) Full year 2024 results: EPS: UK£0.16. Revenue: UK£152.8m (flat on FY 2023). Net income: UK£4.62m (flat on FY 2023). Profit margin: 3.0% (in line with FY 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Infrastructure industry in Europe. Upcoming Dividend • Feb 15
Upcoming dividend of UK£0.04 per share at 4.4% yield Eligible shareholders must have bought the stock before 22 February 2024. Payment date: 02 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.9%). Upcoming Dividend • Dec 28
Upcoming dividend of UK£0.08 per share at 4.3% yield Eligible shareholders must have bought the stock before 04 January 2024. Payment date: 09 February 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.1%). Aankondiging • Dec 18
Braemar Plc Approves Final Dividend for the Year Ended 28 February 2023 Braemar Plc announced that at the AGM was held on 18 December 2023, the company approved the final dividend of 8 pence per ordinary share for the year ended 28 February 2023. Aankondiging • Dec 01
Braemar plc Declares an Interim Dividend in the First Half of Year 2024, Payable on April 2, 2024 The board of Braemar Plc has declared an interim dividend of 4.0 pence per share, as a result of the trading in the first half of this year, to be paid on April 2, 2024 (H1 FY23: 4.0 pence) for all shares on the register on 23 February 2024. Reported Earnings • Nov 30
First half 2024 earnings released: EPS: UK£0.054 (vs UK£0.30 in 1H 2023) First half 2024 results: EPS: UK£0.054 (down from UK£0.30 in 1H 2023). Revenue: UK£74.9m (up 7.9% from 1H 2023). Net income: UK£1.57m (down 82% from 1H 2023). Profit margin: 2.1% (down from 12% in 1H 2023). Revenue is expected to decline by 1.2% p.a. on average during the next 3 years, while revenues in the Infrastructure industry in Europe are expected to grow by 4.0%. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Board Change • Nov 24
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Group CEO & Executive Director James Christopher Gundy is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Sep 22
Braemar Plc Provides Earnings Guidance for First Half and Full Year of Fiscal Year 2024 and Reaffirms Earnings Guidance for Fiscal Year 2023 Braemar Plc provided earnings guidance for first half and full year of fiscal year 2024 and reaffirms earnings guidance for fiscal year 2023. The board reported that the Group continues to trade well and is on track to deliver fiscal year 2024 underlying operating profit (excluding foreign exchange movements) of c.£18 million, in line with market consensus.Underlying operating profit (excluding foreign exchange movements) for first half of fiscal year 2024 is expected to be not less than £7.0 million.The board reported that it expects previous guidance for fiscal year 2023 to remain unchanged, with record revenue and underlying profitability achieved. Revenue for fiscal year 2023 is expected to be not less than £150 million (fiscal year 2022: £101.3 million), with underlying operating profit expected to be not less than £20.0 million (fiscal year 2022: £10.1 million). Aankondiging • Sep 03
Braemar Plc(LSE:BMS) dropped from FTSE All-Share Index (GBP) Braemar Plc(LSE:BMS) dropped from FTSE All-Share Index (GBP) Aankondiging • Jul 14
Braemar Plc, Annual General Meeting, Aug 09, 2023 Braemar Plc, Annual General Meeting, Aug 09, 2023. New Risk • Jun 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €76.6m (US$83.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (€76.6m market cap, or US$83.6m). Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €2.50, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 16x in the Infrastructure industry in Europe. Total loss to shareholders of 11% over the past year. Aankondiging • Jun 20
Braemar plc Announces CFO Changes Braemar Plc announced the following board changes to support Braemar's growth strategy. Grant Foley will join the board as Group Chief Financial Officer with effect from 1 August 2023. Grant has over 25 years of experience in leading public and private financial services and technology businesses, and joins the Company from ClearScore, the UK's leading credit marketplace. As Chief Financial Officer at ClearScore, he has driven significant improvements across the finance function, implementing new systems, processes and reporting as the business has scaled. Grant also brings additional transaction experience to the board, and his other roles have included CMC Markets Plc where, as Group Chief Financial Officer and Chief Operating Officer, he was instrumental in the company's successful IPO. Having joined the Company in 2019, Nick Stone, Braemar's current Group Chief Financial Officer will leave the Company on 31 July 2023. Aankondiging • Jun 15
Braemar Plc, Annual General Meeting, Jul 28, 2023 Braemar Plc, Annual General Meeting, Jul 28, 2023. Aankondiging • May 17
Braemar plc Appoints Catriona Louise Valentine as an Independent Non-Executive Director Braemar Plc announced that the board has appointed Catriona Louise Valentine (Cat) as an independent non-executive director with effect from 16 May 2023. Cat will also become a member of the Remuneration Committee and Audit & Risk Committee upon appointment. Cat is a communications professional with over 25 years' experience, advising quoted and privately-owned companies on investor and corporate communications. She hasextensive knowledge of the small-cap growth companies' market and considerable M&A transactional experience, having advised a broad range of clients on both AIM and the Main Market. Cat started her career in 1996 with Rawlings Financial PR. She went on to lead this business, before establishing her own agency in 2008, which was acquired by Tavistock Communications in 2012. She then spent two years with Hudson Sandler, as Board Director, before joining the strategic communications advisory business, Belvedere Communications, in 2017, where she is Director and Co-owner. Aankondiging • Jan 04
Braemar Plc Announces Standing Down of Steve Kunzer from the Board, Effective 31 January 2023 Braemar Plc announced in accordance with LR 9.6.11R that Steve Kunzer, non-executive director, will stand down from the board with effect from 31st January 2023, in order to take up the position of Chief Executive Officer of Lila Global, the ship owning subsidiary of Global Marketing Systems Inc. A replacement non-executive director will be appointed in due course. Aankondiging • Dec 21
Braemar Plc (LSE:BMS) agreed to acquire Southport Maritime, Inc. for $14.1 million. Braemar Plc (LSE:BMS) agreed to acquire Southport Maritime, Inc. for $14.1 million on December 19, 2022. The consideration comprises $7.25 million in cash paid on completion, together with up to 1,888,942 Braemar Ordinary Shares, which will be delivered on the third anniversary of the transaction. The share consideration is to be issued to the previous owners of the business and certain other employees, contingent on them remaining employed in the business for the full three-year period. The transaction is expected to be earnings enhancing for the year ending February 2024. Cenkos Securities plc acted as advisor in the transaction. Aankondiging • Dec 12
Braemar Plc Appoints Stefanos Fragos as Head of Corporate Finance in Greece Braemar Plc announced the expansion of its Corporate Finance desk to Athens, Greece, and the appointment of Stefanos Fragos to spearhead its growth in the region. Stefanos Fragos joins Braemar from alternative finance provider Yieldstreet where he ran the Athens office. Prior to that he was a senior banker in DVB Bank's Greek office for more than a decade. Stefanos will work closely with Braemar's Corporate Finance offices in London, Hamburg, and Singapore, as well as its S&P and Newbuilding desks globally. Reported Earnings • Nov 17
First half 2023 earnings released: EPS: UK£0.30 (vs UK£0.22 in 1H 2022) First half 2023 results: EPS: UK£0.30 (up from UK£0.22 in 1H 2022). Revenue: UK£69.4m (up 47% from 1H 2022). Net income: UK£8.60m (up 27% from 1H 2022). Profit margin: 12% (down from 14% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Infrastructure industry in Europe are expected to grow by 6.3%. Board Change • Nov 17
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Senior Independent Director Elizabeth Gooch was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • Sep 29
Braemar plc Announces Earnings Guidance for the Six Months Ended 31 August 2022 Braemar Plc announced earnings guidance for the six months ended 31 August 2022. For the period, Revenue to 31 August 2022 is expected to be not less than £69 million (H1 2021: £47 million), an increase of 47%, with underlying operating profit for the period not less than £10.5 million, an increase of 88% (H1 2021 £5.6 million). Of the 47% increase in revenue, 36% has been derived from the Group's business activities and 11% from exchange rate movements between the US dollar and Sterling. In US dollar terms, revenue for the period is expected to be not less than $88 million(H1 2021 $65 million). Reported Earnings • Sep 01
Full year 2022 earnings released: EPS: UK£0.22 (vs UK£0.24 in FY 2021) Full year 2022 results: EPS: UK£0.22 (down from UK£0.24 in FY 2021). Revenue: UK£101.3m (down 9.4% from FY 2021). Net income: UK£6.70m (down 11% from FY 2021). Profit margin: 6.6% (down from 6.8% in FY 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 28%, compared to a 17% growth forecast for the Infrastructure industry in Germany. Aankondiging • Sep 01
Braemar Shipping Services Plc, Annual General Meeting, Oct 06, 2022 Braemar Shipping Services Plc, Annual General Meeting, Oct 06, 2022, at 09:00 Coordinated Universal Time. Location: the Company's offices at One Strand Trafalgar Square, London WC2N 5HR London United Kingdom Agenda: To consider the remaining business. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 18% share price gain to €3.76, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Infrastructure industry in Europe. Total returns to shareholders of 16% over the past year. Aankondiging • Aug 30
Braemar Shipping Services Plc Recommends Final Dividend Braemar Shipping Services Plc recommended Final dividend of 7.0p per share to reflect the strong cashflow and confidence in the business. Total dividend for the year of 9.0p per share (2021: 5.0p). Aankondiging • Aug 18
Braemar Shipping Services Plc to Report Fiscal Year 2022 Results on Aug 30, 2022 Braemar Shipping Services Plc announced that they will report fiscal year 2022 results on Aug 30, 2022 Aankondiging • Jul 28
Braemar Shipping Services Plc, Annual General Meeting, Aug 19, 2022 Braemar Shipping Services Plc, Annual General Meeting, Aug 19, 2022, at 09:00 Coordinated Universal Time. Location: One Strand, Trafalgar Square London United Kingdom Aankondiging • Jun 30
Braemar Shipping Services plc Announces Launch of Braemar Offset Braemar Shipping Services Plc announced the launch ofBraemar Offset, a digital platform that enables its clients to reduce their carbon footprint in a measurable, effective and efficient way. Science-based emission reductions are now a baseline expectation for maritime companies, and carbon offsetting - a decarbonising activity to compensate for unavoidable emissions elsewhere, which is one of the tools that shipping will utilise to achieve net zero. Braemar Offset provides a diverse and regularly replenished portfolio of offset projects to ensure certainty of supply. Only projects that are transparent, environmentally robust, verified and vetted by sustainability experts are included. The projects include sustainable agroforestry on the Guatemalan conservation coast, protecting habitats for critically endangered species in Indonesia, and helping to reduce air pollution in Jiangxi province in China. Carbon offsets are particularly important for companies that have set net zero targets; work in sectors that face strong end user or political pressure; or who are committed to going above and beyond current IMO ambitions. Primarily this is because a strong ESG proposition helps companies address new markets and expand into existing ones, but it also enhances top-line growth through the premiums that more sustainable services command, in a similar way to the premium that 'eco' vessels have in the charter market today. Aankondiging • Jun 29
Braemar Shipping Services Plc to Report Fiscal Year 2022 Results on Jul 04, 2022 Braemar Shipping Services Plc announced that they will report fiscal year 2022 results on Jul 04, 2022 Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Senior Independent Director Elizabeth Gooch was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • Feb 05
Braemar Shipping Services PLC Appoints Joanne Lake as Non-Executive Director Henry Boot PLC announced that Joanne Lake, Deputy Chairman, has been appointed as Non-executive Director of Braemar Shipping Services PLC, with effect from 1 March 2022. Recent Insider Transactions • Dec 08
Group CEO & Executive Director recently bought €57k worth of stock On the 3rd of December, James Christopher Gundy bought around 23k shares on-market at roughly €2.46 per share. This was the largest purchase by an insider in the last 3 months. James Christopher has been a buyer over the last 12 months, purchasing a net total of €116k worth in shares. Reported Earnings • Nov 06
First half 2022 earnings released: EPS UK£0.22 (vs UK£0.091 in 1H 2021) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2022 results: Revenue: UK£47.4m (up 11% from 1H 2021). Net income: UK£6.75m (up 138% from 1H 2021). Profit margin: 14% (up from 6.6% in 1H 2021). Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improved over the past week After last week's 16% share price gain to €3.06, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Infrastructure industry in Europe. Total returns to shareholders of 81% over the past year. Board Change • Sep 01
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Steve Kunzer is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Chairman Nigel Payne was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Executive Departure • Sep 01
Independent Non Executive Director Jurgen-Heinz Breuer has left the company On the 26th of August, Jurgen-Heinz Breuer's tenure as Independent Non Executive Director ended after 7.1 years in the role. As of June 2021, Jurgen-Heinz still personally held 81.30k shares (€283k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.42 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Aug 08
Full year 2021 earnings released: EPS UK£0.24 (vs UK£0.20 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: UK£111.8m (down 5.0% from FY 2020). Net income: UK£7.55m (up 20% from FY 2020). Profit margin: 6.8% (up from 5.4% in FY 2020). Board Change • Aug 03
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Steve Kunzer was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 18% share price gain to UK£3.64, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Infrastructure industry in Europe. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improved over the past week After last week's 16% share price gain to UK£3.22, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Infrastructure industry in Europe. Recent Insider Transactions • Jun 06
Group CEO & Executive Director recently bought €59k worth of stock On the 3rd of June, James Christopher Gundy bought around 20k shares on-market at roughly €2.96 per share. This was the largest purchase by an insider in the last 3 months. This was James Christopher's only on-market trade for the last 12 months. Reported Earnings • Jun 05
Full year 2021 earnings released: EPS UK£0.24 (vs UK£0.16 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: UK£111.8m (down 7.5% from FY 2020). Net income: UK£7.55m (up 54% from FY 2020). Profit margin: 6.8% (up from 4.1% in FY 2020). Aankondiging • Jun 03
Braemar Shipping Services Plc Recommends Dividend, Payable on July 30, 2021 Braemar Shipping Services Plc's board of directors are recommending for approval at the AGM on 20 July 2021 a dividend of 5 pence per share. This dividend will be paid on 30 July 2021 to all ordinary shareholders on the register at the close of business on 25 June 2021, with a corresponding ex-dividend date of 24 June 2021. Executive Departure • May 05
Non-Executive Chairman Ronald Series has left the company On the 30th of April, Ronald Series' tenure as Non-Executive Chairman ended after 2.0 years in the role. As of December 2020, Ronald personally held only 9.00k shares (€15k worth at the time). Ronald is the only executive to leave the company over the last 12 months. Aankondiging • Mar 10
Braemar Shipping Services plc Announces Resignation of Ronald Series as Chairman Braemar Shipping Services Plc announced that the Chairman, Ronald Series, has decided to step down from the Board of the Company. Ron joined the Board as Chairman in April 2019 and stepped up to become Executive Chairman on the retirement of the CEO, James Kidwell, in July 2019, with a strong emphasis on restructuring and refocussing the strategy on Braemar's shipbroking heritage, and positioning the Company for growth. Both of these objectives have now been achieved, and with the recent appointment of shipbroking head James Gundy as Group Chief Executive Officer driving the new strategy, Ron felt that this was an appropriate time to step down. Ron will stay on as Chairman until a suitable successor has been appointed. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improved over the past week After last week's 15% share price gain to UK£2.90, the stock is trading at a trailing P/E ratio of 8.8x, up from the previous P/E ratio of 7.7x. This compares to an average P/E of 18x in the Infrastructure industry in Europe. Is New 90 Day High Low • Feb 13
New 90-day high: €2.18 The company is up 41% from its price of €1.55 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Infrastructure industry, which is up 5.0% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: €2.10 The company is up 46% from its price of €1.44 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Infrastructure industry, which is up 32% over the same period. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improved over the past week After last week's 21% share price gain to UK£1.95, the stock is trading at a trailing P/E ratio of 6.2x, up from the previous P/E ratio of 5.1x. This compares to an average P/E of 19x in the Infrastructure industry in Europe. Is New 90 Day High Low • Jan 12
New 90-day high: €1.83 The company is up 12% from its price of €1.63 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Infrastructure industry, which is up 29% over the same period. Reported Earnings • Nov 14
First half 2021 earnings released: EPS UK£0.10 The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: UK£56.3m (down 2.2% from 1H 2020). Net income: UK£3.13m (up UK£3.99m from 1H 2020). Profit margin: 5.6% (up from net loss in 1H 2020). The move to profitability was driven by lower expenses. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 16% share price gain to UK£1.61, the stock is trading at a trailing P/E ratio of 8.9x, up from the previous P/E ratio of 7.7x. This compares to an average P/E of 18x in the Infrastructure industry in Europe. Aankondiging • Nov 03
Braemar Shipping Services Plc to Report First Half, 2021 Results on Nov 11, 2020 Braemar Shipping Services Plc announced that they will report first half, 2021 results on Nov 11, 2020 
