Revenues increase at Brady

Brady, a risk manager for the metals, energy and soft commodities markets, said yesterday its first half revenue rose 91 per cent to £8.84m. Like-for-like revenue growth was 11 per cent and operating profit rose 54 per cent to £550,000. Chairman Paul Fullagar said the firm has signed six “significant” licence contracts in the first half and nine in the year to date, despite economic conditions that it described as challenging. It will also consider further acquisitions, Fullagar added in the results for the six months to 30 June.