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Clarksons announce that trading during the month of December was stronger

Ahead of the announcement of its results for the year to 31 December 2021, which will be released on7 March 2022,

Clarksons is pleased to announce that trading during the month of December was stronger than anticipated and underlying profit before tax for 2021, subject to audit, is now expected to be not less than £69m.

Areas that outperformed expectations in December included the Broking division, where the Sale and purchase team completed a number of asset transactions, and the Financial division, where the Project Finance and Securities teams completed a number of financing transactions Finance and Securities teams completed a number of financing transactions

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About Clarksons

Clarksons is the world’s leading provider of integrated shipping services, bringing our connections and experience to an international client base

.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 unrivaled 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 18 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 capitalize 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

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