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Posted by
Two Blokes May 1 -
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Clarkson PLC (LSE:CKN) shares sank 12% to 2,890p after the shipping services group cut its full-year profit guidance due to the effects of global trade tensions and currency headwinds. The FTSE 250-listed group cut its full-year profit guidance to a range of £85 million to £95 million Having already warned alongside annual results in mid-March that regional conflicts and trade tensions were "creating uncertainty" and hitting freight rates and asset values, Clarkson's fresh update noted that uncertainty has escalated.
