Two aspects of the well flagged 2020 Prelims are notable and inter-linked to the over-riding principle of shareholder value creation. First is the decision to pay an unchanged (4.4p) dividend for 2020 thus meaning TClarke has sustained dividends right through the pandemic, and second, management is now formally targeting revenues of £500m by FY23, more than double the level reported for 2020 and almost 50% higher than 2019's record level. The planned growth is organic and comes with a management ....

24 Mar 2021
Cenkos: TClarke Plc -- Raising the bar

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Cenkos: TClarke Plc -- Raising the bar
TClarke plc (CTO:LON) | 138 0.7 0.4% | Mkt Cap: 72.7m
- Published:
24 Mar 2021 -
Author:
Kevin Cammack -
Pages:
9 -
Two aspects of the well flagged 2020 Prelims are notable and inter-linked to the over-riding principle of shareholder value creation. First is the decision to pay an unchanged (4.4p) dividend for 2020 thus meaning TClarke has sustained dividends right through the pandemic, and second, management is now formally targeting revenues of £500m by FY23, more than double the level reported for 2020 and almost 50% higher than 2019's record level. The planned growth is organic and comes with a management ....