Braemar Plc Provides Earnings Guidance for First Half and Full Year of Fiscal Year 2024 and Reaffirms Earnings Guidance for Fiscal Year 2023
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).