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Clarkson performs ahead of market expectations, warns shipping markets to remain challenging

The Board of Clarkson PLC is pleased to confirm that since its Interim Management Statement on the 7 November 2013, the Group has continued to deliver a positive trading performance against a challenging market backdrop. Activity levels across the Group during the month of December were particularly strong, with our Sale and Purchase business performing exceptionally well. As a result the Group's full year performance for 2013 will now be ahead of market expectations.

The global shipping markets continue to be challenging although the recent improvement in rates in some of our markets is encouraging. Against this background we remain confident that our proven strategy, underpinned by our robust balance sheet, positions the Group well as we enter the new financial year.

Preliminary results for the year ending 31 December 2013 will be announced on 10 March 2014.
Source: Clarkson PLC
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