CKN Clarkson Plc

 

TIDMCKN 
 
RNS Number : 5884L 
Clarkson PLC 
14 January 2009 
 

 
 
 
 
14 January 2009 
 
 
Clarkson PLC 
 
 
Trading statement 
 
 
 
 
Prior to entering its close period for the year ended 31 December, the Board of 
Clarkson PLC is pleased to confirm that since its update on 12 November, trading 
has continued in line with the Board's expectations.  As a result of the 
strengthening of the US dollar, our main trading currency, over the last 6 weeks 
of 2008 revenues will exceed the Board's expectations. 
 
 
However the significant decrease in underlying freight rates, particularly dry 
cargo, in the latter part of the fourth quarter, will lead to an impairment of 
goodwill for the full year. 
 
 
These two factors are expected to offset each other and consequently the Board 
remains confident that the Group will meet current expectations for the full 
year, after impairment charges, and deliver another year of record growth in 
2008. 
 
 
Preliminary results for the year ending 31 December 2008 will be announced on 16 
March 2009. 
 
 
+--------------------------------------------+--------+------------------+ 
| Enquiries:                                 |        |                  | 
|                                            |        |                  | 
+--------------------------------------------+--------+------------------+ 
| Clarkson PLC:                              |        | 020 7334 0000    | 
| Andi Case, Chief Executive Officer         |        |                  | 
| Jeff Woyda, Finance Director               |        |                  | 
|                                            |        |                  | 
+--------------------------------------------+--------+------------------+ 
| Hudson Sandler:                            |        | 020 7796 4133    | 
| Jessica Rouleau / Kate Hough               |        |                  | 
|                                            |        |                  | 
+--------------------------------------------+--------+------------------+ 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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