T.F. & J.H. Braime (Holdings) P.L.C. announced unaudited consolidated earnings results for the six months ended June 30, 2018. For the six months, the company reported revenue of £18,069,000 against £15,540,000 for the same period a year ago. Profit from operations was £1,181,000 against £658,000 for the same period a year ago. Profit before tax was £1,162,000 against £592,000 for the same period a year ago. Profit attributable to owners of the parent was £830,000 against £448,000 for the same period a year ago. Basic and diluted earnings per share were 57.08 pence against 28.72 pence for the same period a year ago. Cash generated from operations was £988,000 against cash used in operations of £190,000 for the same period a year ago. Purchases of property, plant, machinery and motor vehicles were £990,000 against £127,000 for the same period a year ago. EBITDA was £1,486,000 against £1,027,000 for the same period a year ago.  

The company provided earnings guidance for the full year 2018. The group is ahead of both last year and budget and it would expect the result for the full year to be ahead of 2017.  However, group, with so much of its earnings coming from overseas, is always exposed to the unpredictable fluctuations in global exchange rates and to changes in the political and economic conditions in individual markets.  Depending on the form Brexit finally takes, as a major exporter, the actual event is likely to cause some degree of short-term disruption.  However, given that the majority of sales presence, and continuing growth is already outside the EU, the company believes the long-term effects are unlikely to be significant for the group.