TClarke has delivered on cue in 2019 highlighted by a robust £400m order book, attainment of target 3% operating margins, (tax-aided) EPS growth of 22%, dividend up 10% and maintained net cash of £12.4m. To date there is no identifiable impact on trading from COVID-19 but inevitably there will be. Acknowledging this, we maintain our 2020 and 2021 forecasts, simply because the AGM in May would seem a more appropriate and considered time to re-assess on the basis of known events. Today however, we ....
19 Mar 2020
Cenkos: TClarke Plc -- Lights very much still on
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Cenkos: TClarke Plc -- Lights very much still on
TClarke plc (CTO:LON) | 125 -1.6 (-1.0%) | Mkt Cap: 65.9m
- Published:
19 Mar 2020 -
Author:
Cavendish Research -
Pages:
9
TClarke has delivered on cue in 2019 highlighted by a robust £400m order book, attainment of target 3% operating margins, (tax-aided) EPS growth of 22%, dividend up 10% and maintained net cash of £12.4m. To date there is no identifiable impact on trading from COVID-19 but inevitably there will be. Acknowledging this, we maintain our 2020 and 2021 forecasts, simply because the AGM in May would seem a more appropriate and considered time to re-assess on the basis of known events. Today however, we ....