Integrated delivery solutions company Clarskson Plc saw its revenue decrease in the initial fifty percent of 2018 after a difficult trading setting throughout the delivery as well as overseas resources markets.

The UK-based company reported a pre-tax revenue of ₤ 18 million in H1 2018, below ₤ 21.9 million in H1 2017. Revenue additionally was up to ₤ 152.6 million from ₤ 156.8 million in 2017.

“The first quarter of 2018 presented a challenging trading environment across the shipping and offshore capital markets, including a quiet period in sale and purchase, and accentuated by a fall in the value of the US dollar. Conditions in some markets did, however, improve in the second quarter when the breadth and diversity of our business again provided opportunity irrespective of volatility in the market,” commented chief executive officer Andi Case.

“We should benefit in the second half of the year from these recent improvements and remain confident in the mid to long-term potential for the Group. Our investment across the business continues apace, as we drive innovation and remain focused on furthering Clarksons’ position at the forefront of the sector,” Case included.

Founded in 1852, Clarksons is just one of the globe’s leading suppliers of incorporated solutions as well as financial investment financial capacities to the delivery andoffshore markets.