Clarkson reported underlying profit before tax of £50.5m, in line with guidance. The integration of Platou appears to have gone extremely well and the Company is leveraging its enhanced position; however, the maelstrom in its markets resulted in EPS slipping 9.2% to 121.9p. While current conditions will bring their own solution, 2016 is also set to be highly challenging and we are amending our forecasts, effectively slipping them a year. Clarkson’s financial position remains excep
07 Mar 2016
Weathering the storm
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Weathering the storm
Clarkson PLC (CKN:LON) | 3,772 565.9 0.4% | Mkt Cap: 1,166m
- Published:
07 Mar 2016 -
Author:
Colin Smith -
Pages:
3 -
Clarkson reported underlying profit before tax of £50.5m, in line with guidance. The integration of Platou appears to have gone extremely well and the Company is leveraging its enhanced position; however, the maelstrom in its markets resulted in EPS slipping 9.2% to 121.9p. While current conditions will bring their own solution, 2016 is also set to be highly challenging and we are amending our forecasts, effectively slipping them a year. Clarkson’s financial position remains excep