Playing catch up, we increase our forecasts reflecting the recent positive full year preclose update. Global growth has been more resilient and tariff impact less harmful. Our 2025E revenue is lifted by 1.4% to £628.7m and adjusted PBT by 6.6% to £90.6m. Cash remains very strong with estimated net cash resources of c. £200m. Turning its focus to growth, Clarkson has started to deploy capital, recently acquiring Zuma Labs, a leading tech and data analytics provider in Forward Freight Agreement (F ....
