Clarkson PLC Reports Record Profits and Sustained Dividend Growth Amid Market Challenges

Clarkson ( (GB:CKN) ) has shared an update.

Clarkson PLC announced a record underlying profit before taxation of £115.3 million for the year ending December 2024, marking a 6% increase from the previous year. The company also reported a 7% increase in its full-year dividend, continuing its 22-year streak of dividend growth. Despite geopolitical uncertainties and market challenges, Clarkson remains committed to investing in its business to maintain its market-leading position. The company’s strong financial performance and strategic focus on global expansion underscore its resilience and ability to capitalize on market opportunities, benefiting stakeholders and ensuring sustainable growth.

More about Clarkson

Clarkson PLC is the world’s leading provider of integrated shipping services and investment banking capabilities to the shipping and offshore markets. Founded in 1852, the company facilitates global trade by offering shipbroking services, sector research, logistical support, and investment banking across key shipping and offshore sectors. With over 2,100 employees in more than 60 offices worldwide, Clarksons is listed on the London Stock Exchange and is a member of the FTSE 250 Index.

YTD Price Performance: 18.24%

Average Trading Volume: 335

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.75B

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