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Last checked at 
14 Jan 2009 07:00
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14Β January 2009
Clarkson PLC
Trading statement
Prior to entering its close period for the year ended 31 December, the Board of Clarkson PLC is pleased to confirm that since its update on 12 November, trading has continued in line with the Board'sΒ expectations. As a result of the strengthening of the US dollar, our main trading currency,Β overΒ the last 6 weeks ofΒ 2008Β revenues will exceed the Board's expectations.
However the significant decrease in underlyingΒ freight rates, particularly dry cargo, in theΒ latter partΒ of the fourth quarter, will lead to an impairment of goodwill for the full year.
These two factors are expected to offset each other and consequentlyΒ the BoardΒ remainsΒ confident that the Group will meet currentΒ expectations for the full year, after impairment charges, and deliver another year of record growth in 2008.
Preliminary results for the year ending 31 December 2008 will be announced on 16 March 2009.
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Enquiries: |
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Clarkson PLC: Andi Case, Chief Executive Officer JeffΒ Woyda, Finance Director |
020 7334 0000 |
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HudsonΒ Sandler: Jessica Rouleau / Kate Hough |
020 7796 4133 |
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