Clarkson increases its 2017 interim dividend by 4.5%

DividendMax Ltd.

Clarkson increases its 2017 interim dividend by 4.5%

Interim results for the six months ended 30 June 2017.

Overview

Strong financial performance compared to the same period last year

Revenue of £156.8m (2016: £147.2m)

Underlying profit before taxation increased by 12% to £24.5m (2016: £21.8m)

Profit before taxation 25% higher at £21.9m (2016: £17.5m)

Underlying earnings per share rose 9% to 57.5p (2016: 52.9p)

Earnings per share increased by 22% to 50.8p (2016: 41.7p)

Interim dividend increased to 23p per share (2016: 22p per share)

Robust balance sheet, with £71.4m of net funds (30 June 2016: £46.7m)

Debt-free following repayment of loan notes in June 2017

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