Braime Group PLC (GB:BMTO) has released an update.
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Braime Group PLC announced its annual financial results for 2023, showcasing a revenue of £48.2 million and a profit before tax of £3.3 million, despite the challenging global economy. The company declared a total dividend of 14.75p per share, an increase from the previous year, and maintained a focus on investing in production processes and expanding into new markets. While acknowledging the potential impact of the ongoing economic downturn, Braime Group remains optimistic about its performance for 2024 due to its global presence, diversified product range, and strategic investments.
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