Clarkson PLC AGM Statement (6846N)
May 10 2018 - 6:00AM
UK Regulatory
TIDMCKN
RNS Number : 6846N
Clarkson PLC
10 May 2018
Clarkson PLC
("Clarksons" or "The Group")
10 May 2018
AGM STATEMENT
At the Annual General Meeting to be held in London today, Ed
Warner, acting non-executive Chairman of Clarksons, will make the
following trading statement covering the period from 1 January 2018
to 9 May 2018:
As reported in our trading update on 23 April, 2018, trading at
Clarksons in the first quarter was impacted by the challenging
environment in shipping and offshore capital markets, a quiet
period in sale and purchase activity across both shipping and
offshore, lower freight rates within the tanker market and a fall
in the value of the US Dollar. Trading currently remains unchanged
from that previously outlined in the 23 April trading update.
Clarkson maintains its strong market position at the forefront of
the shipping industry and, despite the current short-term
headwinds, the Board is optimistic about the longer-term outlook
for the business.
Ends
Enquiries
Clarkson PLC:
Andi Case, Chief Executive
Jeff Woyda, Finance Director 020 7334 0000
-------------------------------
Camarco
Billy Clegg
Jennifer Renwick 020 3757 4983 / 020 3757 4994
-------------------------------
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.
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.
The Company has delivered 15 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.
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.
For more information, visit www.clarksons.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGMBGGDUGUBBGIG
(END) Dow Jones Newswires
May 10, 2018 07:00 ET (11:00 GMT)
Clarkson (LSE:CKN)
Historical Stock Chart
From Apr 2024 to May 2024
Clarkson (LSE:CKN)
Historical Stock Chart
From May 2023 to May 2024