Clarkson issues strong profit warning

Clarksons

Shares in Clarkson lost almost a third of their value on Monday after the world’s biggest shipbroker, issued a strong profit warning.

The group said in a trading update that a “challenging environment in shipping and offshore capital markets” now meant its first half and full-year profits would be “materially below” those of last year.

In early London trade, Clarkson’s shares fell 32 per cent to 2,107p.

The group said: “Whilst it is still too early to determine the exact impact, profits for both the first half and the full year are now anticipated to be materially below those of last year”.

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