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Braemar suffers after technical services disposal

Braemar Shipping Services sees its full-year losses deepen to £27.4m ($34.9m) from £2.9m last year, with the listed shipbroker attributing the outcome mainly to a £21.3m book loss on the disposal of its technical division

Revenue increased 14% to £117.9m, compared with £103m in 2018, with the company highlighting a 25% increase in underlying operating profit to £9.1m

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