Braime profit jumps but cautions tough global economic outlook

(Alliance News) - Braime Group PLC on Monday warned that the current global economic background ...

Alliance News 27 April, 2026 | 11:30AM
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(Alliance News) - Braime Group PLC on Monday warned that the current global economic background "is significantly worse than 12 months ago" as it reported a profit surge for 2025.

The Leeds, England-based metal press work manufacturer said pretax profit rose 28% to GBP4.1 million in 2025 from GBP3.2 million in 2024.

Revenue grew 4.1% to GBP50.9 million from GBP48.9 million.

Braime proposed a second interim dividend of 10.50 pence per share, up 5.0% from 10.0p a year ago. This would bring the total payout for 2025 to 16.50p, up 8.2% from 15.25p for 2024.

Looking ahead, Chair Nicholas Braime said: "Today the current global economic background is significantly worse than 12 months ago and we are likely to face both inflation in costs and a reduction in investment led global demand due to increased business uncertainty. Although the diversity of our sales and its global nature, would both normally be sources of strength, instead, the additional costs and the extended delivery times caused by the blockage of normal shipping routes, create further challenges."

He added: "However, in 2025, as a direct result of the release of new electronic products, we benefited from significant additional business in storage and food processing facilities globally. Given the planned release of further new products for sale to similar end users, we remain confident that sales to these customers will continue. In 2025, we also continued to extend our markets by the recent start-up of two further businesses in Canada and Indonesia, which will further increase our sales in the storage and processing industries in both the feed and grain sectors."

Braime shares rose 10% to 1,650.00 pence each on Monday afternoon in London.

By Tom Budszus, Alliance News slot editor

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Braime Group PLC 1,650.00 GBX 10.00 -

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