Braemar Shipping Services' shipbroking operations are exceeding expectations following a strong second half to 2018.
The UK group said in a trading update for the year to 28 February that overall results in the second six months were in line with management expectations.
It is expecting underlying pre-tax profit, before one-off and acquisition-related costs, to be between £6.8m ($8.96m) and £7.2m.
