After significant upgrades at the time of the full year update (PBT forecast +43% FY16; +14% FY17), today’s results are c.4% ahead of our expectations at the PBT level and show strong growth on the prior year (PBT +48%). All regions achieved positive growth in revenue. The outlook statement refers to a still growing order book (£350m at the end of February vs. £330m at the year end) and the strength of recent trading, with London & the South East and Scotland said to be particularly positive. Th ....
28 Mar 2017
N+1 Singer - T. Clarke - Strong conclusion to FY16, record order book
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N+1 Singer - T. Clarke - Strong conclusion to FY16, record order book
TClarke plc (CTO:LON) | 160 0 0.0% | Mkt Cap: 84.7m
- Published:
28 Mar 2017 -
Author:
James Tetley -
Pages:
6
After significant upgrades at the time of the full year update (PBT forecast +43% FY16; +14% FY17), today’s results are c.4% ahead of our expectations at the PBT level and show strong growth on the prior year (PBT +48%). All regions achieved positive growth in revenue. The outlook statement refers to a still growing order book (£350m at the end of February vs. £330m at the year end) and the strength of recent trading, with London & the South East and Scotland said to be particularly positive. Th ....