Industry-first solution will handle U.S. Cotton trading activities
London; October 7th, 2015 – Brady plc (BRY.L), a leading global provider of trading, risk management and settlement solutions to the energy, commodities and recycling sectors, announced today that working in collaboration with Noble Agri, the integrated global commodities company, it has developed and implemented the first comprehensive commodity trading and risk management solution specifically created for the U.S. Cotton industry. The new platform, deployed at Noble’s Houston, TX offices, went live today.
24th September 2015, London:Brady plc (BRY.L), the leading supplier of trading and risk management solutions for energy, commodities and recycling, announced today that Brookfield Renewable Energy Europe has selected Brady Power Scheduling solution to manage its power scheduling activities in the UK.
(“Brady”, the “Company” or the “Group”)
For the six months to 30 June 2015
Brady, the leading global provider of trading and risk management solutions for metals, recycling, energy and soft commodities, is pleased to announce its interim results for the six months to 30 June 2015.
· Performance in line with market expectations for the full year with nine significant new licence deals signed in first half of the year
· Anticipated strong performance for H2 2015 with visibility on 80% of revenues for the full year
· Continued progress on size and geographic scope of contract wins. Landmark deals include:
o Global deal with one of the world’s largest commodity companies to deploy software in eight locations around the world
o First major recycling deal outside the US for world’s largest recycling company with deployment in the Asia Pacific region as part of a global roll-out.
· Revenues of £14.2 million (H1 2014: £15.6 million). YOY reduction resulting from forex movements (£0.5 million) and timing of licence sales.
· Progress on recurring revenues
o £7.8 million recurring revenues (£8.2 million at consistent currency rates) compared to £7.9 million in H1 2014, representing organic growth of 4 per cent year on year.
o 55 per cent of total sales (H1 2014: 51 per cent).
· Strong financial position maintained - cash at bank on 30 June 2015 of £6.2 million (£7.5 million at end of July 2015)
Monday, 07 September 2015 07:00Brady acquires ScrapRunner to strengthen its recycling portfolio
Monday, 20 July 2015 09:16Brady plc Trading Statement
Thursday, 11 June 2015 10:05Fortum selects Brady software for Energy Data Management ahead of the Nordic Balancing Settlement deadline
Monday, 27 April 2015 07:00Scandem selects Brady software for Energy Trading and Risk Management
Wednesday, 01 April 2015 09:23Brady publishes its Annual Report for the year ending 31st December 2014
Monday, 16 March 2015 07:00Brady announces full year 2014 results - EBITDA up by 80% on the back of a year of record contract wins
Monday, 02 February 2015 07:00Aludium opts for Brady’s cloud solution for metals trading and risk management
Monday, 19 January 2015 07:00Brady plc announces strong earnings growth and record licence revenues
Thursday, 15 January 2015 07:00Brady Energy enables Statkraft to offer self-service B2B solution in the Nordics
Wednesday, 07 January 2015 09:48Levmet selects Brady Cloud solution for metals trading and risk management
Thursday, 18 December 2014 07:00Brady Energy to provide Market Settlement solution for Brookfield Renewable Ireland
Thursday, 18 December 2014 07:00GARMCO opts for Cloud delivery of Brady’s trading and risk management solution for metals
Tuesday, 09 December 2014 12:49Brady strengthens its Commodities Team in the Americas
Monday, 08 December 2014 13:12***Brady launches its latest solution*** Hedge Manager for Metal Processors
Tuesday, 02 December 2014 07:00Brady Energy: Smart logistics for continuous intraday trading
Friday, 17 October 2014 13:51Brady strengthens its Commodities Team
Thursday, 16 October 2014 07:00Leading global investment bank selects Brady Cloud solution to support its European energy logistics