Braemar Plc. (BMS.L) said that it anticipates revenue for the year ended 28 February 2025 to be approximately 141.0 million pounds, compared to 152.8 million pounds in fiscal year 2024. Underlying operating profit, excluding acquisition-related expenditure, is expected to be around 16.5 million pounds, down from 18.1 million pounds in fiscal year 2024.
Operating cash flow remains robust. However, due to the timing of specific working capital items, the Group reported a net debt position of 2.5 million pounds as of 28 February 2025, compared to a net cash position of 1.0 million pounds in fiscal year 2024. The Group promptly regained a positive net cash position at the beginning of the new financial year.
The company noted that it will announce its fiscal year 2025 results for the year ended 28 February 2025 by the end of May 2025.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.