CLARKSON PLC
("the Company" or "Clarksons")
6 October 2026
Trading update
The Board of Clarkson PLC, the world's leading provider of integrated shipping services, today issues the following update.
Clarksons' trading in August and September has been very strong. The ongoing geopolitical complexity has created further volatility across commodity and freight markets, accordingly in some areas we have seen record freight rates and this has also then passed through to asset prices.
The Broking division has delivered revenues significantly ahead of previous expectations, while also adding to the forward order book. Alongside this, the Financial division has executed a number of transactions, resulting in performance also being significantly up on expectations. Consequently, whilst this trading environment remains very volatile the Board now expects underlying profit before tax for the full year to 31 December 2026 to be not less than £135m.
We believe the Group's strategy of long-standing investment in the breadth and quality of its market-leading platform in terms of teams, tools for trade and technology this year and over the past two decades positions it well to capitalise on market conditions when and where they arise.
For further details please contact:
Company enquiries:
Andi Case
Chief Executive Officer
Rachel Fletcher
Company Secretary
Tel: +44(0)20 7334 3171
Camarco:
Billy Clegg
Jennifer Renwick
Tel: +44(0)20 3757 4980
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. Clarksons continues to drive innovation across its business, developing digital solutions which underpin the Group's unrivalled expertise and knowledge with leading technology.
The Group employs over 2,250 people in over 70 offices across its four divisions.
The Company has delivered 23 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 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 more information, visit www.clarksons.com
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018, as amended (together, 'MAR'). Upon the publication of this announcement, this inside information is now considered to be in the public domain.