“Given the current macro-economic uncertainty, we are not expecting any improvements in market conditions in the UK and Europe beyond a return to levels seen in the first four months of the year. Read more about Brammer »

The Group will continue to progress its existing operational priorities to improve the UK business, improve underlying gross margins, increase cash generation through stock reduction and reduce net debt. The Group should see increasing benefits from these operational improvements in the second half.

Against this background, the Board initiated a detailed business review and this will be taken forward by Meinie Oldersma, the new Chief Executive of the Group, to identify the actions needed to improve the operational and financial performance of the business as well as its ongoing capital requirements. The conclusions of this review will be announced in the fourth quarter.”

Bill Whiteley, Chairman, Brammer plc, 4 June 2016

Brammer is Europe’s leading supplier of quality industrial maintenance, repair and overhaul (MRO) products. Operating from 350+ locations in 19 countries, we deliver 24/7/365 and offer a range of solutions designed to help customers drive down the total cost of component acquisition with targeted  cost savings.

When it comes to meeting our customers’ MRO needs, there is simply nobody in Europe to match us.

Strong Industrial Heritage: Established in 1920, Brammer draws on a rich heritage of industrial and mechanical knowledge. Listed on the London Stock Exchange, the business has grown both organically and through targeted acquisitions building value for both our customers and shareholders. In 2011, Brammer acquired Buck & Hickman, a UK distributor of industrial products founded in the 1830s, operating predominantly in the Tools and General Maintenance MRO market.

Unrivalled Product Range: We are the only MRO distribution company offering a single source of supply. We stock and supply over 5 million competitively priced product lines from the world’s most respected manufacturers with over 350,000 items in stock at any time.

Time Critical Delivery: We serve more than 100,000 customers in every manufacturing sector, leveraging our pan-European network and delivering 24/7/365 locally across Europe from our 15 state-of-the-art, high-tech National Distribution Centres (NDC).

Best In Class People: We employ more than 3,500 people including more than 1,000 technical specialists. Offering added value technical expertise combined with in-depth, industry specific understanding on a regional and local level.

Customer Savings: With ever increasing competition in the industrial sector we work with our customers to constantly improve the efficiency of their production while reducing costs. In 2012 we saved our customers £51.5m of signed off cost savings.

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Annual Report

2015 Annual Report

26 March 2016

2016 Results

2016 Interim Results

04 August 2016