Recent Insider Transactions • May 20
CFO, COO & Executive Director recently sold €4.5m worth of stock On the 14th of May, Jeffrey Woyda sold around 82k shares on-market at roughly €55.23 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jeffrey's only on-market trade for the last 12 months. Tillkännagivande • Mar 31
Clarkson PLC, Annual General Meeting, May 07, 2026 Clarkson PLC, Annual General Meeting, May 07, 2026. Board Change • Dec 30
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Constantin Cotzias was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 04
Clarkson PLC Declares Interim Dividend, Payable on 12 September 2025 The Board of Clarkson PLC declared an interim dividend of 33 pence per share (2024: 32 pence per share) which will be paid on 12 September 2025 to shareholders on the register at the close of business on 29 August 2025. Tillkännagivande • May 22
Clarkson PLC to Report First Half, 2025 Results on Aug 04, 2025 Clarkson PLC announced that they will report first half, 2025 results on Aug 04, 2025 Tillkännagivande • Mar 27
Clarkson PLC, Annual General Meeting, May 01, 2025 Clarkson PLC, Annual General Meeting, May 01, 2025. Tillkännagivande • Mar 10
Clarkson PLC Recommends Final Dividend in Respect of 2024, Payable on 23 May 2025 The Board of Clarkson PLC is recommending a final dividend in respect of 2024 of 77 pence (2023: 72 pence) which, subject to shareholder approval, will be paid on 23 May 2025 to shareholders on the register at the close of business on 9 May 2025. Tillkännagivande • Jan 10
Clarkson PLC to Report Fiscal Year 2024 Results on Mar 10, 2025 Clarkson PLC announced that they will report fiscal year 2024 results on Mar 10, 2025 Upcoming Dividend • Aug 22
Upcoming dividend of UK£0.32 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.8%). Declared Dividend • Aug 07
First half dividend of UK£0.32 announced Shareholders will receive a dividend of UK£0.32. Ex-date: 29th August 2024 Payment date: 13th September 2024 Dividend yield will be 2.6%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 6.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 1.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 06
First half 2024 earnings released: EPS: UK£1.25 (vs UK£1.31 in 1H 2023) First half 2024 results: EPS: UK£1.25 (down from UK£1.31 in 1H 2023). Revenue: UK£310.1m (down 3.4% from 1H 2023). Net income: UK£38.2m (down 3.8% from 1H 2023). Profit margin: 12% (in line with 1H 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jun 06
Clarkson PLC to Report First Half, 2024 Results on Aug 05, 2024 Clarkson PLC announced that they will report first half, 2024 results on Aug 05, 2024 New Risk • May 22
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€2.3m sold). New Risk • May 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€2.3m sold). Recent Insider Transactions • Apr 19
CEO & Executive Director recently sold €1.4m worth of stock On the 15th of April, Andi Case sold around 30k shares on-market at roughly €47.75 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Andi's only on-market trade for the last 12 months. Reported Earnings • Apr 04
Full year 2023 earnings released: EPS: UK£2.75 (vs UK£2.48 in FY 2022) Full year 2023 results: EPS: UK£2.75 (up from UK£2.48 in FY 2022). Revenue: UK£639.4m (up 5.9% from FY 2022). Net income: UK£83.8m (up 11% from FY 2022). Profit margin: 13% (in line with FY 2022). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Declared Dividend • Mar 07
Final dividend of UK£0.72 announced Shareholders will receive a dividend of UK£0.72. Ex-date: 9th May 2024 Payment date: 24th May 2024 Dividend yield will be 2.4%, which is lower than the industry average of 15%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 26% over the next 3 years. However, it would need to fall by 59% to increase the payout ratio to a potentially unsustainable range. Tillkännagivande • Mar 05
Clarkson PLC Recommends Final Dividend, Payable on 24 May 2024 Clarkson PLC has recommended a final dividend of 72 pence per share, bringing the total dividend for 2023 to 102 pence per share, an increase of 10% compared to 2022. Subject to shareholder approval, will be paid on 24 May 2024 to shareholders on the register at the close of business on 10 May 2024. Reported Earnings • Mar 05
Full year 2023 earnings released: EPS: UK£2.75 (vs UK£2.48 in FY 2022) Full year 2023 results: EPS: UK£2.75 (up from UK£2.48 in FY 2022). Revenue: UK£639.4m (up 5.9% from FY 2022). Net income: UK£83.8m (up 11% from FY 2022). Profit margin: 13% (in line with FY 2022). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, while revenues in the Shipping industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jan 05
Clarkson PLC to Report Fiscal Year 2023 Results on Mar 04, 2024 Clarkson PLC announced that they will report fiscal year 2023 results on Mar 04, 2024 Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Martine Bond was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 24
Upcoming dividend of UK£0.30 per share at 3.5% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (18%). Reported Earnings • Aug 08
First half 2023 earnings released: EPS: UK£1.31 (vs UK£0.98 in 1H 2022) First half 2023 results: EPS: UK£1.31 (up from UK£0.98 in 1H 2022). Revenue: UK£321.1m (up 20% from 1H 2022). Net income: UK£39.7m (up 32% from 1H 2022). Profit margin: 12% (up from 11% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is expected to fall by 1.2% p.a. on average during the next 3 years compared to a 7.5% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Aug 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.9%. The fair value is estimated to be €40.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings is forecast to decline by 4.1% per annum over the same time period. Tillkännagivande • Jun 27
Clarkson PLC to Report First Half, 2023 Results on Aug 07, 2023 Clarkson PLC announced that they will report first half, 2023 results on Aug 07, 2023 Upcoming Dividend • May 04
Upcoming dividend of UK£0.64 per share at 3.1% yield Eligible shareholders must have bought the stock before 11 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (16%). Recent Insider Transactions • Apr 25
CEO & Executive Director recently sold €147k worth of stock On the 18th of April, Andi Case sold around 4k shares on-market at roughly €34.96 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Andi's only on-market trade for the last 12 months. Reported Earnings • Mar 09
Full year 2022 earnings released: EPS: UK£2.48 (vs UK£1.65 in FY 2021) Full year 2022 results: EPS: UK£2.48 (up from UK£1.65 in FY 2021). Revenue: UK£603.8m (up 36% from FY 2021). Net income: UK£75.6m (up 51% from FY 2021). Profit margin: 13% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 11% decline forecast for the Shipping industry in Europe. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jan 06
Clarkson PLC to Report Fiscal Year 2022 Results on Mar 06, 2023 Clarkson PLC announced that they will report fiscal year 2022 results on Mar 06, 2023 Tillkännagivande • Jan 04
Clarkson PLC Announces Resignation of Peter Backhouse as Non-Executive Director Clarkson PLC confirmed that Peter Backhouse has stepped down as a Non-Executive Director with effect from 31 December 2022. Upcoming Dividend • Aug 25
Upcoming dividend of UK£0.29 per share Eligible shareholders must have bought the stock before 01 September 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (10%). Tillkännagivande • Aug 12
Clarkson PLC Announces Board Changes Clarkson PLC announced that Peter Backhouse will step down as Senior Independent Director with effect from 11 September 2022 following the completion of his nine-year tenure as an independent Non-Executive Director of Clarksons. He will remain on the Board until the end of 2022. The Board has agreed that Sue Harris, who has been an independent Non-Executive Director since October 2020 and Chair of the Audit and Risk Committee since November 2020, will be appointed the Senior Independent Director to replace Peter Backhouse. Following this appointment on 11 September 2022, the following committee membership changes will occur: Peter Backhouse will resign from the Audit and Risk Committee and the Nomination Committee; Martine Bond will be appointed to the Remuneration Committee; Sue Harris will resign from the Remuneration Committee and be appointed to the Nomination Committee; Dr Tim Miller will resign from the Nomination Committee and be appointed to the Audit and Risk Committee; and Birger Nergaard will be appointed to the Nomination Committee. In addition, Heike Truol will be appointed the Employee Engagement Director and Dr Tim Miller will step down from this role. Following the changes noted above, with effect from 11 September 2022 the Board committee membership will be as follows: Audit and Risk Committee: Sue Harris (Chair), Martine Bond, Dr Tim Miller, Heike Truol; Nomination Committee: Laurence Hollingworth (Chair), Sue Harris, Birger Nergaard, Heike Truol; Remuneration Committee: Dr Tim Miller (Chair), Martine Bond, Laurence Hollingworth, Birger Nergaard. Reported Earnings • Aug 09
First half 2022 earnings released: EPS: UK£0.98 (vs UK£0.64 in 1H 2021) First half 2022 results: EPS: UK£0.98 (up from UK£0.64 in 1H 2021). Revenue: UK£266.7m (up 40% from 1H 2021). Net income: UK£30.0m (up 55% from 1H 2021). Profit margin: 11% (up from 10% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.1%, compared to a 4.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 13
Clarkson PLC Announces Step Down of Bill Thomas as Non-Executive Chairman Spirent Communications plc announced that Sir Bill Thomas, its Non-executive Chairman, stepped down from his position as non-executive director of Clarkson PLC on 11 May 2022. Upcoming Dividend • May 05
Upcoming dividend of UK£0.57 per share Eligible shareholders must have bought the stock before 12 May 2022. Payment date: 27 May 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (8.3%). Reported Earnings • Apr 08
Full year 2021 earnings released: EPS: UK£1.65 (vs UK£0.95 loss in FY 2020) Full year 2021 results: EPS: UK£1.65 (up from UK£0.95 loss in FY 2020). Revenue: UK£443.3m (up 24% from FY 2020). Net income: UK£50.1m (up UK£79.0m from FY 2020). Profit margin: 11% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 6.1%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Tillkännagivande • Apr 07
Clarkson PLC, Annual General Meeting, May 11, 2022 Clarkson PLC, Annual General Meeting, May 11, 2022, at 11:00 Coordinated Universal Time. Tillkännagivande • Apr 06
Clarkson PLC to Report First Half, 2022 Results on Aug 08, 2022 Clarkson PLC announced that they will report first half, 2022 results on Aug 08, 2022 Reported Earnings • Mar 08
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: UK£1.65 (up from UK£0.95 loss in FY 2020). Revenue: UK£443.3m (up 24% from FY 2020). Net income: UK£50.1m (up UK£79.0m from FY 2020). Profit margin: 11% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 6.9%, compared to a 19% growth forecast for the industry in Germany. Tillkännagivande • Mar 03
Clarkson PLC Announces Board Changes Clarkson PLC announced further to the announcement on 15 December 2021 that Sir Bill Thomas would not be seeking re-election at the company's annual general meeting in May and would step down upon the appointment of his successor, the Board has undertaken a rigorous search of both external and internal candidates and announced that Laurence Hollingworth has been appointed Chair with immediate effect. Laurence joined the company Board in July 2020 and brings extensive experience in the capital markets and a strong understanding of the broking environment following a 37-year career in stockbroking and investment banking with Cazenove and JP Morgan. He held several senior leadership roles at JP Morgan including Head of UK Investment Banking, Head of EMEA Industry Coverage and finally as Vice Chairman for Equity Capital Markets EMEA. He is currently the Non-Executive Chairman at ABM Communications, and a Non-Executive Director at Recycling Technologies and Atom Bank PLC. As Chair of the Board, Laurence will step down from his role as a member of the Audit and Risk Committee, will remain a member of the Remuneration Committee and will become Chair of the Nomination Committee. Following the appointment of Laurence as successor, Sir Bill Thomas will step down from the Board on 2 March 2022. Upcoming Dividend • Aug 26
Upcoming dividend of UK£0.27 per share Eligible shareholders must have bought the stock before 02 September 2021. Payment date: 17 September 2021. Trailing yield: 3.6%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.9%). Reported Earnings • Aug 12
First half 2021 earnings released: EPS UK£0.64 (vs UK£0.51 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£190.1m (up 5.4% from 1H 2020). Net income: UK£19.3m (up 25% from 1H 2020). Profit margin: 10% (up from 8.5% in 1H 2020). Upcoming Dividend • May 06
Upcoming dividend of UK£0.54 per share Eligible shareholders must have bought the stock before 13 May 2021. Payment date: 28 May 2021. Trailing yield: 4.3%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (2.1%). Reported Earnings • Apr 02
Full year 2020 earnings released: UK£0.95 loss per share (vs UK£0.42 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: UK£358.2m (down 1.3% from FY 2019). Net loss: UK£28.9m (loss widened 126% from FY 2019). Recent Insider Transactions • Mar 31
Non-Executive Chairman recently bought €117k worth of stock On the 30th of March, William Gennydd Thomas bought around 4k shares on-market at roughly €32.20 per share. This was the largest purchase by an insider in the last 3 months. This was William's only on-market trade for the last 12 months. Reported Earnings • Mar 09
Full year 2020 earnings released: UK£0.95 loss per share (vs UK£0.42 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: UK£358.2m (down 1.3% from FY 2019). Net loss: UK£28.9m (loss widened 126% from FY 2019). Analyst Estimate Surprise Post Earnings • Mar 09
Revenue beats expectations Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 2.2%, compared to a 9.3% growth forecast for the Shipping industry in Germany. Tillkännagivande • Feb 02
Clarkson PLC Confirms Marie-Louise Clayton Step Down as a Non-Executive Director Clarkson PLC announced that following the announcement on October 7, 2020, the company confirms that Marie-Louise Clayton has stepped down as a Non-Executive Director with effect from January 31, 2021. She will receive her normal director fee up to the date of termination. No payment for loss of office has or will be made to Marie-Louise Clayton. Executive Departure • Feb 02
Independent Non-Executive Director has left the company On the 31st of January, Marie-Louise Clayton's tenure as Independent Non-Executive Director ended after 4.1 years in the role. As of September 2020, Marie-Louise personally held only 1.10k shares (€28k worth at the time). A total of 2 executives have left over the last 12 months. Tillkännagivande • Jan 09
Clarkson PLC, Annual General Meeting, May 05, 2021 Clarkson PLC, Annual General Meeting, May 05, 2021. Is New 90 Day High Low • Jan 09
New 90-day high: €31.85 The company is up 24% from its price of €25.75 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.21 per share. Tillkännagivande • Jan 08
Clarkson PLC to Report Fiscal Year 2020 Results on Mar 08, 2021 Clarkson PLC announced that they will report fiscal year 2020 results on Mar 08, 2021 Tillkännagivande • Dec 02
Clarkson PLC Announces Company Secretary Change The Board of Clarksons announced the appointment of Deborah Abrehart as Company Secretary with immediate effect. Deborah was previously Group Company Secretary at NEX Group plc and prior to that Group Company Secretary of easyJet plc. The Company also announces the resignation of Rachel Spencer as Company Secretary with effect from 30 November 2020. Is New 90 Day High Low • Nov 19
New 90-day high: €29.00 The company is up 8.0% from its price of €26.85 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.73 per share. Recent Insider Transactions • Nov 15
Independent Non-Executive Director recently bought €125k worth of stock On the 10th of November, Laurence Hollingworth bought around 5k shares on-market at roughly €24.97 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €46k more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Oct 31
New 90-day low: €22.05 The company is down 3.0% from its price of €22.80 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.48 per share. Tillkännagivande • Oct 07
Clarkson PLC Announces Board Changes Clarkson PLC announced the appointment of Sue Harris as an independent Non-Executive Director with immediate effect. Sue will join the Board as a member of both the Remuneration Committee and the Audit and Risk Committee and, with effect from 1 November 2020, she will become Chair of the Audit and Risk Committee, succeeding Marie-Louise Clayton, who has decided to retire from the Board on 31 January 2021. Sue brings significant financial, risk management and listed company experience. She is currently an independent Non-Executive Director at The Co-Operative Bank, where she chairs the Values and Ethics Committee; Wates Group, where she chairs the Audit Committee; FNZ (UK) where she chairs the Audit Committee; and Schroders and Co., where she is Chair of the Audit and Risk Committee of Schroders' Wealth Management Division. 
