UK shipbroker Braemar is looking ahead with confidence, after logging a bigger annual profit and upgrading the current year’s forecast following an “exceptionally strong” start.
Net earnings in the 12 months to 28 February were £13.9m ($16.3m), up from £4.5m a year earlier. Revenue grew to £101.3m from £83.7m.
Chief executive James Gundy said: “I am delighted with our strong trading performance this year.
