Clarkson Plc ( (CKNHF) ) has released its Q4 earnings. Here is a breakdown of the information Clarkson Plc presented to its investors.
Clarkson PLC is a global leader in providing integrated shipping services, offering shipbroking, sector research, logistical support, and investment banking capabilities across the shipping and offshore markets. In its latest earnings report, Clarkson PLC announced a record underlying profit before taxation of £115.3 million for 2024, marking a 6% increase from the previous year. The company also reported a 3.4% rise in revenue to £661.4 million and declared a 7% increase in its full-year dividend, continuing its 22-year streak of dividend growth. Key financial highlights include a strong balance sheet with free cash resources of £216.3 million and a forward order book of US$231 million for 2025. The Broking division led the company’s performance, driven by robust conditions in the sale and purchase market and increased activity in the offshore sector. Despite challenges in the Financial division due to geopolitical uncertainties, the company maintained stable investor interest in shipping project finance. Looking ahead, Clarkson PLC remains committed to investing in its business to maintain its market-leading position, with a focus on supporting clients through geopolitical complexities and advancing green transition initiatives.
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