T Clarke’s trading update highlights another year of good progress. Revenue in the year to 31st December increased 11% to c.£310m, generating underlying PBT of £6.5m, bang in line with our expectations. The Group outperformed on cash, with net cash at the year end of £11.7m, ahead of our £9.0m forecast and increasing 26% on last year. The order book strengthened year on year to £337m (2016: £330m), down on the £380m reported in November reflecting the Group’s selective approach to tendering with ....
01 Feb 2018
Another year of progress, in line with expectations
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Another year of progress, in line with expectations
TClarke plc (CTO:LON) | 162 1.2 0.5% | Mkt Cap: 85.4m
- Published:
01 Feb 2018 -
Author:
James Tetley -
Pages:
3
T Clarke’s trading update highlights another year of good progress. Revenue in the year to 31st December increased 11% to c.£310m, generating underlying PBT of £6.5m, bang in line with our expectations. The Group outperformed on cash, with net cash at the year end of £11.7m, ahead of our £9.0m forecast and increasing 26% on last year. The order book strengthened year on year to £337m (2016: £330m), down on the £380m reported in November reflecting the Group’s selective approach to tendering with ....