T Clarke achieved good growth in revenue, profits and cash generation in FY17, working on some of the very highest profile projects. It was also a year of investment in technology (Eton Associates) and new capacity. In the current climate, management’s disciplined approach to tendering is serving the business well and margins have strengthened in most regions. A new 3% operating margin target has been announced, which looks very achievable (FY17: 2.3%). While revenue is likely to moderate, profi ....
27 Mar 2018
High quality focus paying dividends
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High quality focus paying dividends
TClarke plc (CTO:LON) | 124 0 0.0% | Mkt Cap: 65.4m
- Published:
27 Mar 2018 -
Author:
James Tetley -
Pages:
3
T Clarke achieved good growth in revenue, profits and cash generation in FY17, working on some of the very highest profile projects. It was also a year of investment in technology (Eton Associates) and new capacity. In the current climate, management’s disciplined approach to tendering is serving the business well and margins have strengthened in most regions. A new 3% operating margin target has been announced, which looks very achievable (FY17: 2.3%). While revenue is likely to moderate, profi ....