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IN BRIEF: Braime Group lifts dividend as profit more than doubles

8th Sep 2021 17:46

Braime Group PLC - metal presswork manufacturer - Reports sales revenue for the first six months of 2021 at GBP18.2 million, up 13% when compared to GBP16.1 million posted for the same period in 2020, while pretax profit increased to GBP885,000 from GBP372,000 year-on-year. Braime says it has seen a surge in customer demand which began in the spring of 2021, with all sectors performing strongly, particularly the automotive sector. The company ups dividend to 4.25 pence per share from 4.0p paid the year before.

Current stock price: 2,394.00p

Year-to-date change: up 69%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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