**Summary of Clarkson PLCs Preliminary Results for the Year Ended 31 December 2025**
Clarkson PLC, a leading provider of integrated shipping services, announced its preliminary results for the year ended 31 December 2025, highlighting resilience and adaptability in a challenging global shipping environment.
**Financial Highlights**
**Underlying Profit Before Taxation** £90.6 million (2024: £115.3 million), reflecting a decrease due to market complexities.
**Underlying Basic Earnings Per Share** 225.8p (2024: 286.9p).
**Dividend** Full-year dividend increased by 3% to 112p, marking the 23rd consecutive year of dividend growth.
**Forward Order Book** US$244 million for 2026 (2024: US$231 million), indicating strong future revenue potential.
**Cash Resources** Free cash resources of £232.0 million (2024: £216.3 million), showcasing a robust financial position.
**Operational Performance**
**Revenue** £631.4 million (2024: £661.4 million), slightly lower due to global economic and geopolitical challenges.
**Strategic Acquisitions** Acquired Euro-America Shipping & Trade, Inc. (renamed Clarksons EAST LLC) in March 2025 and Zuma Labs Limited in January 2026, enhancing market presence and technological capabilities.
**Divisions Performance**
**Broking** Operating profit of £93.9 million (2024: £122.6 million), impacted by market volatility but supported by strong forward order book.
**Financial** Record operating profit of £12.9 million (2024: £5.2 million), driven by active capital markets.
**Support** Operating profit of £4.8 million (2024: £7.7 million), affected by project delays.
**Research** Operating profit increased to £10.6 million (2024: £9.5 million), reflecting growing demand for data-driven insights.
**Strategic Initiatives**
**Technology Investment** Launched AI-enabled features in Sea’s platform and acquired Zuma Labs to enhance freight derivatives and AI capabilities.
**Talent Development** Continued investment in global talent, with strategic hires and promotions to strengthen capabilities.
**Sustainability Focus** Proactive investment in long-term solutions for green technologies and regulatory compliance.
**Outlook**
**Market Sentiment** Positive momentum in early 2026, with higher new spot business compared to the same period last year.
**Challenges** Ongoing geopolitical uncertainty and macroeconomic unpredictability continue to drive market complexity.
**Strategic Positioning** Diversified strategy, strong balance sheet, and commitment to innovation position Clarkson PLC well for future growth.
**Leadership Changes**
**Jeff Woyda** Retired as CFO & COO in September 2025 after nearly 20 years of service. A comprehensive search is underway for his successor.
**Conclusion**
Despite a challenging year marked by geopolitical and economic complexities, Clarkson PLC demonstrated resilience, achieving solid financial results and maintaining its commitment to long-term growth and innovation. The company remains well-positioned to capitalize on future opportunities in the global shipping market.