TClarke announce a record set of results, with revenues up 30%, operating profit and EPS up 31%. Underlining its confidence in the outlook, the total dividend was increased by 10%. The order book increased by 4% to £555m and reflects a number of high-quality projects across a wide range of sectors, providing it with excellent visibility for FY23E. On unchanged forecasts, the stock trades on a FY23E PE of c8x and EV/EBITDA of sub 5x and continue to look undervalued in our view. With strong market ....