Shares in Clarkson jumped on Friday after it predicted profit in 2024 would top market hopes.

In a brief statement, the London-based shipping and off-shore services provider said results for the financial year to December 31 are now anticipated to be ‘slightly ahead of current market expectations’.

Clarkson said underlying profit before tax is now expected to be not less than £115 million.

In 2023, the firm reported pretax profit of £109.2 million.

In response, shares in Clarkson rose 8.2% to 4,207.40 pence each in London on Friday morning.

Clarkson’s annual results will be reported on March 10.

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