Brammer Share Discussion Threads

[barbel3] 03/4/2013 17:59

hi broadwood im a big fan of your much knowledgeable information do you think there is lot more to come from this share to invest in as now or should i have a look at ashtead also what is a good fund to invest in at moment for this next tax year your help will be much appreciated seems im a novice thanks in advance

[broadwood] 03/4/2013 16:58

Another nice rise against a falling market.

[broadwood] 02/4/2013 11:51

More of the same.

[broadwood] 28/3/2013 14:17

Jumping! Hope it sticks.

[nurdin] 22/3/2013 14:50

breaking out...lovely

[broadwood] 21/3/2013 16:37

You little beauty.

[redartbmud] 18/3/2013 08:11

broadwood

Yes I'm here. great company onwards and upwards in the future.

red

[broadwood] 18/3/2013 07:52

red - you in here?

Very nice write up in the MOS at the weekend - mind you they're Johnny Come Latelys to this one.

[pantastic] 15/3/2013 19:54

Looks like this is breaking out again. Sadly I only have a small position here.

[redartbmud] 15/3/2013 15:44

broadwood

Moonlighting from your own thread then.

red

[broadwood] 15/3/2013 14:45

Sorry you're not in Freddie. Back to all time highs.

[freddie ferret] 13/3/2013 19:35

Well done.

[broadwood] 12/3/2013 16:12

Another big pop today - if it holds into the close. Trebled my money on this one.

[broadwood] 07/3/2013 14:12

Canaccord Genuity Brammer PLC 07/03/2013
Reiterates
Buy Buy 0 410.00 378.50 410 2

[broadwood] 04/3/2013 16:44

Another nice pop at the end for a strong performance against a falling market.

Getting close to those all time highs.

[broadwood] 28/2/2013 09:06

Heading in the right direction again..

Be ordering that yacht soon, hopefully. No, make that a new set of Ping irons for starters.

[broadwood] 27/2/2013 16:36

Nice bump at the end.

[broadwood] 25/2/2013 16:57

Ta - I see you jumped ship.

[freddie ferret] 25/2/2013 16:55

Well done.

[broadwood] 25/2/2013 14:50

Still benefitting from the recent figures.

One of my bigger holdings now - thanks to past performance.

[broadwood] 20/2/2013 07:59

Basic industrial group Brammer's figures for 2012 suggest that Britain is doing well enough, with sales per working day up 7.6%. Germany and Spain are flat, a good enough performance in the latter given the state of the economy, and Eastern Europe is weak. Profits before tax were 19% higher at £34.5m, helped by the purchase of the Bucks & Hickman business from Travis Perkins in late 2011. The total dividend is up a healthy 12% at 9.4p. The shares, up 7p at 348p, have advanced by 45% since November. They sell on almost 15 times' this year's earnings. The low market share suggests plenty to go for but, as a proxy of European economic trends, they look high enough for now, Tempus believes

[freddie ferret] 19/2/2013 14:49

Well done those that remain invested here!

[broadwood] 19/2/2013 14:41

Brammer, a distributor of industrial maintenance, repair and overhaul products, posted an 11.9 per cent rise in group revenue for the year ended December 31st.

As such, group revenue hit a record £639.6m, compared to £571.5m the previous year. At constant currency total revenue grew 16.2%.

The gross margin climbed 20 basis points to 30.5%, while operating margin rose 17% to £37.2m, compared to £31.8m in 2011.

Pre-tax profit climbed 19% to £34.5m from £29.0m a year earlier.

The dividend was increased by 11.9% to 9.4p, from 8.4p the previous year, which the board said reflected its confidence in the outlook for the business.

Ian Fraser, Chief Executive said: "Driven by the provision of exceptional value and service to our customers, coupled with continued investment in our long term growth strategy, 2012 was a successful and significant year for Brammer. The group has produced substantially increased sales and profits and the acquisition of Buck & Hickman has exceeded our original expectations.

"We believe this performance again demonstrates the consistent and successful application of our proven long term strategy and the strength of our management team.

"2013 will be another economically challenging year, but our growth drivers will ensure we continue to perform well ahead of the market. Our confidence in the outlook for the business is reflected by the dividend increase."

Closing net debt increased from £35.3m to £53.8m year-on-year.