Bruton Limited (BRUT) - Results for the six months ended June 30, 2025
Bruton Limited (together with its subsidiaries, “Bruton”, the “Company” or the “Group”) announces preliminary unaudited results for the six months ended June 30, 2025.
Key events during the six months ended June 30, 2025
- Reported a net loss of $0.1 million.
- Cash position of $3.7 million.
- Vidar Hasund was appointed as Contracted CFO under the Amended Management Agreement with 2020 Bulkers Management AS.
Subsequent events
- In August 2025, entered into a Memorandum of Agreement with New Times Shipbuilding to postpone the third installment of $13.4m for newbuild 0330005 until date of the fourth instalment, expected In February 2026.
The Board of Directors Report and the Interim Financial Statements are available in the enclosed files.
About Bruton Limited
Bruton Limited is a company that will focus on business operations across industries characterized by cyclical market dynamics, with an initial emphasis on maritime assets. Leveraging strategic M&A expertise and experienced operational management partners, Bruton targets undervalued assets and equity stakes where its operational and financial support can drive growth. The business strategy is designed to align business operations with industry cycles and favorable market shifts. Bruton currently has two VLCC vessels on order from New Times Shipyard.
August 12, 2025
The Board of Directors
Bruton Limited
Hamilton, Bermuda