Clarkson PLC (LSE:CKN) cheered investors after reporting strong trading throughout the final quarter of 2023.
The provider of integrated shipping services said following strong trading throughout the three final months of the year, particularly from the Broking division, results for the year ending 31 December 2023 are now anticipated to be ahead of current market expectations.
Clarkson said underlying pre-tax profit is now expected to be not less than £108 million.
In August, the firm reported pre-tax profit in the six months ended 30 June increased 24% to £52.2 million, from £42.0 million, year-on-year.
Revenue in the half year rose 20% to £321.1 million, from £266.7 million from the year before.
Full-year results will be reported on 4 March.