Clarkson PLC

CKN

Equity

ISIN GB0002018363 / Valor 378910

LSE London Stock Exchange, SETS (2026-06-05)

GBP 46.78+0.91%

Clarkson PLC
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About company

Clarkson PLC is a leading provider of integrated maritime services, offering a comprehensive range of solutions that include ship broking, research, finance, digital tools, and port services. The company is renowned for its extensive industry expertise and global reach, enabling it to serve clients across various sectors of the maritime industry. Clarkson's services are underpinned by a strong emphasis on intelligence and industry insight, allowing it to deliver informed and effective solutions. The company also places a significant focus on compliance, particularly in relation to global sanctions and money laundering, ensuring that both Clarkson and its clients adhere to the necessary legal and regulatory standards.

Summarized from source with an LLMView SourceSector: Consumer Services

Key financials

Revenue £297.8m (H1 2024: £310.1m). Underlying profit before taxation* £39.4m (H1 2024: £51.5m). Reported profit before taxation £37.5m (H1 2024: £50.1m). Underlying basic EPS* 98.6p (H1 2024: 129.1p); reported basic EPS 93.0p (H1 2024: 124.6p).

Dividend

Interim dividend increased to 33p per share (H1 2024: 32p), marking the 23rd consecutive year of dividend increases; payable 12 September 2025 to shareholders on the register at 29 August 2025.

Cash and balance sheet

Cash balances at 30 June 2025 were £265.7m (31 Dec 2024: £431.3m). Net cash and available funds £227.1m (31 Dec 2024: £243.7m). Free cash resources* £206.2m (30 June 2024: £178.4m). Group describes the balance sheet as strong and cash‑generative.

Broking division

Broking revenue £222.2m (H1 2024: £247.7m) with underlying operating profit £41.8m (H1 2024: £53.4m) and margin 18.8% (2024: 21.6%). Weaker freight rates across many markets, US tariff policy, FX movements and some short‑term provisions and ramp‑up costs contributed to the margin decline.

Research, Sea and digital

Research revenue £13.1m (H1 2024: £11.8m) with operating profit £5.1m and margin ~38.9%; recurring revenue 92% of sales. Sea platform growth: >120 charterers and 800 broking entities; continued product and AI development highlighted as strategic growth areas.

Financial and Support divisions

Financial division: revenue £28.9m (H1 2024: £18.3m) and operating profit £4.5m (H1 2024: £1.2m), driven by debt capital markets and transaction activity. Support division: revenue £33.6m (H1 2024: £32.3m) and operating profit £2.9m (H1 2024: £4.0m), with mixed regional activity and a notable 10‑year contract in northern Europe.

Foreign exchange and costs

A weaker US dollar (average US$1.30 v GBP in H1 2025 vs US$1.26 in H1 2024; spot US$1.37 at 30 June) produced an unrealised FX loss that increased Head Office costs and contributed to lower margins, particularly in Broking.

Outlook

Management reiterates the year is expected to be second‑half weighted and remains focused on investing in people, technology and market intelligence, pursuing accretive M&A and strategic hires, while monitoring macro‑economic and geo‑political risks that continue to affect shipping markets.

Summarized from source with an LLMView Source

Key figures

40.7%1Y

58.3%3Y

51.6%5Y

Performance

21.5%1Y

29.5%3Y

30.8%5Y

Volatility