IN BRIEF: Clarkson shares drop as expects underlying profit decline

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Clarkson PLC - London-based provider of shipping services - Citing uncertainty surrounding US government tariff policy, expects between £85 million and £95 million in underlying pretax profit for 2025, down at least 18% from £115.3 million Clarkson had reported for 2024. ‘Whilst the board believes that the effect of current macro uncertainty has the potential to be reversed once normality returns to the markets, it now expects that the recent changes in US government policy will impact results for 2025,’ Clarkson says. The company adds that is successfully navigated challenging markets during the global financial crisis, the Covid pandemic and Brexit, and continues to be ‘very well placed’ to navigate periods of macroeconomic uncertainty.

Current stock price: 2,987.82 pence each, down 9.1% on Thursday morning in London

12-month change: down 24%

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