Clarkson (GB:CKN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Clarkson PLC, a global leader in shipping services, has announced a slight decrease in underlying profit before taxation to £51.5m for the first half of 2024, compared to £53.1m in the previous year, but saw an increase in both spot and forward business in its Broking division. The company remains financially robust with £178.4m in free cash and has raised its interim dividend to 32p per share, marking the 22nd consecutive year of dividend growth. Clarkson’s CEO expressed confidence in meeting full-year expectations and continuing the company’s progressive dividend policy.
For further insights into GB:CKN stock, check out TipRanks’ Stock Analysis page.
