Clarkson PLC, a leading provider of integrated shipping services, has announced that its results for the year ending 31 December 2023 are expected to surpass current market expectations. The company's underlying profit before tax is now anticipated to be not less than £108m, following strong trading throughout the final quarter, particularly from the Broking division. The results will be reported on 4 March 2024.
Founded in 1852, Clarksons offers a wide range of shipbroking services, sector research, logistical support, and full investment banking capabilities in all key shipping and offshore sectors. The company continues to drive innovation, developing digital solutions to complement its expertise and knowledge with leading technology. With over 1,800 employees in 63 different offices across its four divisions, Clarksons is a dominant force in its market segments.
The company's highly cash-generative nature, supported by a strong balance sheet, has enabled it to deliver 20 years of consecutive dividend growth and continue to invest to capitalize 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 further details, the company can be contacted through its Chief Executive Officer, Andi Case, and Chief Financial Officer and Chief Operating Officer, Jeff Woyda. More information can be found on the company's website.