Braemar Reports FY2026 Earnings with Revenue Decline Amid Leadership Transition
Braemar Plc reported a 4% drop in full-year revenue to £135.6 million for FY2026, driven by weaker chartering rates and reduced tanker activity. Underlying operating profit fell 21%, while EPS dropped 23%. Diversification efforts helped mitigate losses as advisory services grew significantly.
Topics: financial performance leadership change revenue diversification