Braemar Shipping Services retains growth ambitions despite a round of job losses at its technical division and a cost-control programme for its dry cargo broking arm, says chief executive James Kidwell.
London-listed Braemar carried £1.8m ($2.2m) in restructuring costs on its way to a reduced first-half operating profit of £1.4m — a fall from the £7.1m figure recorded in the opening half of the previous financial year.
