REG - Clarkson PLC - Trading Statement

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RNS Number : 4475D  Clarkson PLC  07 May 2026

 

 

CLARKSON PLC

("the Company" or "Clarksons")

 

 

 

7 May 2026

AGM Trading Statement

 

At the Annual General Meeting to be held at 12 noon today, Laurence
Hollingworth, Chair of Clarksons, will refer to the following trading
statement covering the period from 1 January to 6 May 2026.

Current Trading

 

The Group has had an excellent start to the year, driven by good market
fundamentals and increasing demand for industry expertise. The conflict in the
Middle East has resulted in greater complexity across global shipping, which
has affected each area of our business differently, pushing up rates in
certain of these markets and demanding the very best from each of our teams.

 

·      The Broking division performed strongly, generating spot business,
revenue and profits materially ahead of the same period last year as
geo-political complexity, robust trading flows and extended voyage distances
supported elevated chartering rates and asset prices.

 

·      The Financial division benefitted from positive capital‑market
sentiment in the early part of the year, with the investment banking team
successfully executing a good number of mandates for clients and developing a
strong pipeline of potential opportunities.

 

·      The Research division increased both revenue and profitability in
the first part of the year. Clients continue to value the division's
market‑leading data and insights as they navigate complexities caused by
disruptions to global shipping.

 

·      The Support division faced a more challenging trading environment,
influenced by UK government policy on new oil and gas development and delays
to offshore energy projects. The Egyptian Agency business remains impacted by
lower levels of Suez Canal transits but is well positioned to support clients
as activity returns.

 

·      The Group was pleased to announce the recent acquisitions of the
Link Group of Companies ("Link"), Zuma Labs Limited ("Zuma") and Serpac
International SAC ("Serpac"). These acquisitions enhance the Group's global
capabilities and reinforce our commitment to investing across every segment of
the Group in market‑leading businesses, which are accretive for
shareholders. Each of these businesses continues to trade in line with
management's expectations at the time of acquisition.

 

 

 

Outlook

 

The trend of increased global trade dislocation and complexity which we have
seen over the last decade has continued. The Board recognises that the
situation in the Middle East continues to evolve and may impact trading
dynamics.

 

While it is still early in the year, the Group's strong start to date and
current momentum has enhanced the Board's confidence in its expectations for
the year.

 

Our recent acquisitions of Link, Serpac and Zuma highlight our continued focus
on expanding and enhancing the business and we remain well positioned to take
advantage of further opportunities in a trading environment that continues to
support growth.

 

Ends

 

 

For further details please contact:

 

Company enquiries:

Andi Case, Chief Executive Officer

Jeff Woyda, Chief Financial Officer & Chief Operating Officer Tel:
+44(0)20 7334 0000

Camarco:

Billy Clegg Jennifer Renwick

 

Tel: +44(0)20 3757 4980

 

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 2,250 people in over 70 offices across its four
divisions.

The Company has delivered 23 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/)

 

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