8 Jan 2021 07:00
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CLARKSON PLC
("the Company" or "Clarksons")
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8 January 2021
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Closed Period Trading Update
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Ahead of the announcement of its results for the year to 31 December 2020, which will be released on 8 March 2021, the Company confirms that the full year underlying profit for 2020, subject to audit, is expected to be ahead of market consensus and in the range of £42m to £45m.
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Due to macro-economic uncertainties, the Board will review the carrying value of goodwill and any need for a non-cash impairment charge prior to issuing the results.
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For further details contact:
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Clarkson PLC
Andi Case, Chief Executive Officer
Jeff Woyda, Chief Financial Officer and Chief Operating Officer
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Tel: +44(0) 20 7334 0000
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Billy Clegg
Jennifer Renwick
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Tel: +44(0) 20 3757 4983 / 4994
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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.
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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.
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The Company has delivered 17 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 the upturn in its markets.
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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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For more information, visit www.clarksons.com.
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