Clarkson reports £90.6m underlying profit for 2025 as revenue declines

Clarkson plc

Clarkson PLC (LON:CKN) has announced preliminary results for the 12 months ended 31 December 2025.

Summary

·      Underlying profit before taxation* of £90.6m (2024: £115.3m)

·      Underlying basic earnings per share* was 225.8p (2024: 286.9p)

·      Full year dividend of 112p, an increase of 3% on 2024, giving rise to a 23rd consecutive year of dividend growth

·      Forward order book as at 31 December 2025, for invoicing in 2026 was US$244m (31 December 2024: US$231m)

·      Strong balance sheet with free cash resources* of £232.0m (2024: £216.3m)

·      Positive momentum built at the end of 2025 has continued into 2026, with new spot business negotiated being higher than the same period last year

 Year endedYear ended
31 December 202531 December 2024
   Revenue£631.4m£661.4m
   Underlying profit before taxation*£90.6m£115.3m
   Reported profit before taxation£86.7m£112.1m
   Underlying basic earnings per share*225.8p286.9p
   Reported basic earnings per share214.0p277.1p
   Dividend per share112p109p

* Classed as an Alternative Performance Measure (‘APM’). See ‘Other information’ at the end of this announcement for further information.

Andi Case, Clarkson Chief Executive Officer, commented:

“2025 was a year that tested the resilience and adaptability of the global shipping industry, and I am immensely proud of, and grateful to, my colleagues across the world for their unwavering commitment and exceptional contribution. Our people, culture and relentless focus on client service remain our greatest strengths.

“Whilst it is still early In 2026, we have started with strong momentum, supported by positive market sentiment and trading, and our diversified strategy, healthy forward order book and commitment to innovation, position us well for the year ahead, recognising that ongoing geo-political uncertainty continues to drive complexity in our markets.

“We remain committed to long-term investment in our strategy, high-calibre talent, cutting-edge technology and advanced market intelligence, ensuring we remain well placed to support clients and provide them with leading solutions across increasingly complex shipping markets.”

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