H1 was another positive trading period for TClarke, with PBT increasing by 24% to £4.6m. The Group continues to make solid progress against its 3.0% operating margin target, achieving a margin of 2.9% in H1 (H1’18: 2.6%). The order book has been maintained at £370m and provides strong support for our full year forecast, which is now 96% covered. Our FY20 forecast is also 50% covered by the order book. This is a strong position against a backdrop of political uncertainty and
01 Aug 2019
Continuing to outperform peers
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Continuing to outperform peers
TClarke plc (CTO:LON) | 125 -1.6 (-1.0%) | Mkt Cap: 65.9m
- Published:
01 Aug 2019 -
Author:
Greg Poulton -
Pages:
3
H1 was another positive trading period for TClarke, with PBT increasing by 24% to £4.6m. The Group continues to make solid progress against its 3.0% operating margin target, achieving a margin of 2.9% in H1 (H1’18: 2.6%). The order book has been maintained at £370m and provides strong support for our full year forecast, which is now 96% covered. Our FY20 forecast is also 50% covered by the order book. This is a strong position against a backdrop of political uncertainty and