Braemar Shipping Services says its strategy has not be impacted by the UK’s vote to leave the European Union.

Addressing shareholders at the company’s annual general meeting in London today, chief executive James Kidwell said the group will continue to build through organic growth and acquisitions.

“We do not believe that demand for our services will be materially impacted by the recent referendum result and the associated market volatility, however there may be second order economic effects that are difficult to foresee at this time,” he said in a statement released ahead of the meeting.

“At