UK's Clarkson tops FTSE midcaps on upbeat annual outlook

Clarkson

10/01/2025 09:06

** Shares in shipping services firm Clarkson  CKN.L  up 7.7%
at 4,190p
    ** Stock top pct. gainer on FTSE Midcap  .FTMC  index
    ** Company expects results for the year ended Dec. 31, 2024
to be slightly ahead of market expectations
    ** London-based firm forecasts underlying profit before tax
not less than 115 million pounds ($141.37 million) for the year;
it reported 109.2 mln pounds in 2023
    ** CKN stock hits highest since Aug. 2, 2024
    ** Shares had gained ~25% in 2024

($1 = 0.8135 pounds)

 (Reporting by Anandita Mehrotra in Bengaluru)
 ((Anandita.Mehrotra@thomsonreuters.com))