Brady PLC (#BRY) - profits warning buried deep within the spin
- 2015-07-19 23:28:32
UK 11:30 Sunday, 25 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Provider of trading and risk management software to the global commodity and energy markets, Brady plc (BRY) has announced results for the first half of the 2014 calendar year. It said that “the enthusiastic activity being demonstrated across all parts of the group, delivering both growth and healthy margins, gives me every confidence that we are on track to perform in line with full year expectations”. What does this suggest for the current valuation?
Shares in provider of trading and risk management software to the global commodity, energy and recycling markets, Brady plc (BRY) have recovered to a current 77p having fallen to 62.5p in the aftermath of an early year profits warning noting that the company was “disappointed with the impact of timing and currency” on its 2013 calendar year results. The following updates post the release of a trading statement for the first half of 2014.
Shares in Brady plc (BRY), the largest European-headquartered provider of trading and risk management software to the global commodity, energy and recycling markets, currently trade more than 6% lower on the day following an update noting 2013 results ‘disappointment’ at timing and currency impacts despite a record sales booking year. Is there now a value opportunity here?
