Equity Research - Brady's Initiation Report

Brady plc (“Brady” or “the company”) is a UK-headquartered technology company, listed on AIM (LSE) since 2004. The company operates in the energy and commodity trading and risk management (ECTRM) market
and provides software solutions and services to more than 250 customers worldwide, including producers, fabricators, brokers, traders, banks, and hedge funds.

Brady’s revenues have increased dramatically since 2007, when the company initiated a new growth strategy based on aggressive

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