T Clarke has released a positive trading update, which confirms that full year results for FY15 will be in line with expectations. The cash position improved significantly during the second half such that net cash, at £6.6m, is well ahead of our expectations (£1.1m forecast) having benefited from major new contracts coming on stream. The order book has been replenished and again stands at £300m, where it ended 2014, but with an improving margin profile. End markets in London and the regions are ....
