Clarkson Plc reports robust results for H1 FY20; stocks surge over 10%

  • Aug 10, 2020 BST
  • Team Kalkine
Clarkson Plc reports robust results for H1 FY20; stocks surge over 10%

 

Clarkson Plc (LON: CKN) has released its results for the six months ended 30 June 2020.

  • The company reported a robust first-half performance with strong trading in the Broking division and £88.8 million of free cash resources.
  • The underlying profit before taxation of the company improved to £21.1 million as compared to £20.1 million in the same period of 2019.
  • The underlying earnings per share of the company stood at 51.4 pence, up from 48.5 pence of the same period last year and the board of the company decided to pay the same as of the deferred 2019 final dividend of 53 pence per share as an interim dividend.
  • On 10August 2020, at the time of writing, GMT 09:43 AM, CKN shares were trading at GBX 2,320.00, up by 220 points or 10.48% against the previous day closing price.

 


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