Clarkson warns of challenging outlook
6th May 2016 12:08
(ShareCast News) - Clarkson was under the cosh on Friday as it warned the short-term outlook remains "very challenging" and risks to the full-year outcome have increased, putting a heavier weighting on the second half. In a statement to be made at the company's annual general meeting in London, chai
Read moreClarksons trading well despite strong headwinds
7th Mar 2016 07:31
(ShareCast News) - Shipping services group Clarkson reported on a year of solid growth on Monday, with revenue growing 26.9% to £301.8m in the 2015 calendar year, from £237.9m in 2014. Its preliminary results showed underlying profit before tax was up 49.4% top £50.5m from £33.8m, and profit before
Read moreLondon pre-open: Stocks seen lower on profit-taking
7th Mar 2016 07:15
(ShareCast News) - London stocks are expected to open a little weaker on Monday as investors look to book some profits following recent gains. The FTSE 100 is seen starting 29 points lower than Friday's close at 6,170. Michael Hewson, chief market analyst at CMC Markets, said: "Despite this recover
Read moreClarkson warns over second-half profit
3rd Nov 2015 13:49
(ShareCast News) - Shipping services company Clarkson warned that difficult conditions in the dry bulk market have dented activity levels in maritime capital markets, with limited activity in the second half to date affecting the results of its financial division. The company, which had previously s
Read moreClarkson first-half profit drops but dividend lifted
17th Aug 2015 07:55
(ShareCast News) - Shipping services company Clarkson posted a drop in first-half pre-tax profit as costs from the acquisition of RS Platou offset better revenues. Pre-tax profit for the six months ended 30 June came in at £10.8 from £14.1 in the first half of last year, as revenue jumped 30% to £14
Read moreClarkson's CFO Jeff Woyda to hold COO role as well
12th Jun 2015 07:56
Shipping services company Clarkson announced that Jeff Woyda has been appointed chief operating officer, in addition to his current role as chief financial officer. Chief executive Andi Case said: "Jeff joined Clarkson in 2006 and has played a major role in the growth and development of the business
Read moreClarkson in negotiations with Norway-based Platou
14th Nov 2014 17:19
Shipping services provider Clarkson said it was in talks with the board of RS Platou. The firm did not disclose any details of a possible price for the deal with the Norwegian firm, a broker and investment bank focused on the offshore and shipping markets. Clarkson's shares have more than trebled t
Read moreClarksons on course for better results in 2014
30th Jun 2014 08:43
Shipbroker Clarksons is on course to significantly improve profits against last year after business matched hopes last month, it said. "Clarkson confirms that since its interim management statement on May 9th, trading has continued in line with the board's expectations," it said in an update. It s
Read moreMonday broker round-up UPDATE
12th May 2014 10:06
Atkins (WS): Numis upgrades from add to buy with a target price of 1650p. Barclays: Credit Suisse moves target price from 260p to 275p and retains a neutral rating. Brit: Numis initiates with a target price of 290p and a buy recommendation. British Sky Broadcasting: JP Morgan raises target price
Read moreTuesday broker round-up UPDATE
11th Mar 2014 09:03
Aviva: RBC Capital takes target price from 400p to 550p upgrading to neutral. Nomura increases target price from 489p to 625p and reiterates a buy recommendation. Balfour Beatty: Citi raises target price from 220p to 310p maintaining a neutral rating. Goldman Sachs reduces target price from 335p to
Read moreClarkson beats full-year targets
10th Mar 2014 07:41
- Annual results ahead of forecasts - Particularly strong December trading - Final dividend increased to 37p from 33p Ship broker Clarkson said full-year pre-tax profit rose by more than a quarter, after particularly strong trading in December and underlined its confidence in future trading with a
Read moreClarkson to exceed full-year expectations
6th Jan 2014 07:59
- Expects to beat full-year forecasts - Particularly strong December trading - Upbeat despite challenging global shipping rates Ship broker Clarkson said it expects its full year results to come in ahead of market expectations after particularly strong trading over December. "The global shipping m
Read moreFriday broker round-up UPDATE
8th Nov 2013 09:21
Abcam: Canaccord Genuity moves target price from 396p to 386p and keeps a sell recommendation. N+1 Singer shifts target price from 450p to 445p downgrading to sell. Aberdeen Asset Management: Jefferies lowers target price from 440p to 430p and reiterates a hold recommendation. Anglo American: Gold
Read moreThursday broker round-up
7th Nov 2013 12:42
Afren: Liberum Capital takes target price from 136p to 197p and upgrades to buy. African Minerals: Liberum Capital cuts target price from 423p to 410p, while staying with its buy recommendation. Canaccord Genuity reduces target price from 400p to 345p leaving its buy recommendation unchanged. Alen
Read moreClarkson acquires offshore oil industry tool supplier
1st Nov 2013 08:18
Shipping services group Clarkson has acquired specialist North Sea oil industry tool supplier Gibb Tools. The Fully Listed group will pay up to £12.7m for its Aberdeen-based acquisition, including an initial £6.2m mostly in cash, with further cash payments in coming months and years. Clarkson sai
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