Brady announces full year 2014 results – EBITDA up by 80% on the back of a year of record contract wins

20 new contract wins Revenues up 13% EBITDA up 80% to £6.3m 32% of revenues now come from outside of Europe Over 100% growth in Cloud revenues 16th March 2015, London: Brady plc (BRY.L),the leading global provider of trading, risk management and settlement solutions to the energy, commodities and recycling sectors, announces today its preliminary results. This has been a year of strong contract momentum, achieving a record number of new deals, implementing major solutions to customers across the world, which resulted in an increase in EBITDA of 80%. Brady’s strategy remains to provide integrated trading and risk management solutions to commodity, energy and recycling companies in a global market that is estimated to be a $1.7 billion per annum spend. The 2014 results demonstrate Brady is effectively showing its ability to deliver solutions to market leading companies around the globe. The Group signed 20 new contracts, which represent a record year for Brady. New clients include the world largest nickel producer, a substantial Korean consumer electronics group, a large Australian Bank, a Middle Eastern metal fabricator, a Middle Eastern oil and gas producer, a large American wind farm manager and a German company focused on clean energy production. These … continue reading

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