REG - Clarkson PLC - Trading Statement

ClarksonAnnouncement

05/01/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240105:nRSE7164Ya&default-theme=true

RNS Number : 7164Y  Clarkson PLC  05 January 2024

("the Company" or "Clarksons")

5 January 2024

Closed Period Trading Update

Clarkson PLC, the world's leading provider of integrated shipping services,
today announces that following strong trading throughout the final quarter,
particularly from the Broking division, results for the year ending 31
December 2023, are now anticipated to be ahead of current market expectations.

Clarksons' underlying profit before tax, subject to audit, is now expected to
be not less than £108m.

Clarksons' results will be reported on 4 March 2024.

Ends

For further details contact:

Clarkson PLC

Andi Case, Chief Executive Officer

Jeff Woyda, Chief Financial Officer and Chief Operating Officer

Tel: +44(0) 20 7334 0000

 

Camarco

Billy Clegg

Jennifer Renwick

Tel: +44(0) 20 3757 4983 / 4994

 

About Clarkson PLC

Clarkson PLC is the world's leading provider of integrated services and
investment banking capabilities to the shipping and offshore markets,
facilitating global trade.

Founded in 1852, Clarksons offers its diverse and growing client base an
unrivalled range of shipbroking services, sector research, on-hand logistical
support and full investment banking capabilities in all key shipping and
offshore sectors.  Clarksons continues to drive innovation across its
business, developing digital solutions which underpin the Group's unrivalled
expertise and knowledge with leading technology.

The Group employs over 1,800 people in 63 different offices across its four
divisions and is number one or two in all its market segments.

The Company has delivered 20 years of consecutive dividend growth. The highly
cash-generative nature of the business, supported by a strong balance sheet,
has enabled Clarksons to continue to invest to position the business to
capitalise on opportunities in its markets.

Clarksons is listed on the main market of the London Stock Exchange under the
ticker CKN and is a member of the FTSE 250 Index.

For more information, visit www.clarksons.com (http://www.clarksons.com) .

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014 as it forms part of domestic law of the United Kingdom
by virtue of the European Union (Withdrawal) Act 2018, as amended (together,
"MAR"). Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTEAXFLELPLEFA