Closed Period Trading Update

RNS Number : 9967K

Clarkson PLC

08 January 2021

 

CLARKSON PLC

("the Company" or "Clarksons")

8 January 2021

Closed Period Trading Update

Ahead of the announcement of its results for the year to 31 December 2020, which will be released on 8 March 2021, the Company confirms that the full year underlying profit for 2020, subject to audit, is expected to be ahead of market consensus and in the range of £42m to £45m.

Due to macro-economic uncertainties, the Board will review the carrying value of goodwill and any need for a non-cash impairment charge prior to issuing the results.

For further details contact:

Clarkson PLC

Andi Case, Chief Executive Officer

Jeff Woyda, Chief Financial Officer and Chief Operating Officer

Tel: [phone]

Camarco

Billy Clegg

Jennifer Renwick

Tel: [phone] / 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.

The Company has delivered 17 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 the upturn 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 .

 

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