Group posted an underlying profit before taxation of £39.4 million, down from £51.5 million in the same period last year
LONDON: Clarkson PLC on Monday reported unaudited interim results for the six months ended June 30, 2025, highlighting a resilient performance despite a challenging global economic backdrop.
The UK-based shipping services group posted an underlying profit before taxation of £39.4 million, down from £51.5 million in the same period last year. Underlying basic earnings per share fell to 98.6 pence from 129.1 pence in 2024.
Revenue for the period totaled £297.8 million, compared to £310.1 million a year earlier. Reported profit before taxation was £37.5 million, with reported basic earnings per share at 93.0 pence, both reflecting year-over-year declines.
Despite the dip in earnings, Clarkson maintained a strong financial position, reporting £206.2 million in free cash resources, up from £178.4 million in 2024. The company also announced an increased interim dividend of 33 pence per share, marking its 23rd consecutive year of dividend growth.
Chief Executive Officer Andi Case credited the company’s diversified model and disciplined strategy for its continued momentum.
“Clarksons has delivered another good performance in the first half of the year, demonstrating the resilience and adaptability of our business in what remains a highly complex global environment,” Case said. “We will continue our commitment to invest in people, technology, and market intelligence to ensure that we are well positioned to support our clients and deliver long-term value.”
The Board reaffirmed its expectation that full-year performance will be weighted toward the second half and remain in line with guidance provided at the Annual General Meeting.