There is a steeliness about TClarke, that we believe comes through more experienced management and one that is acting more proactively to the challenges faced. The business has remained profitable through the worst of the pandemic in Q2/20, has improved its cash and liquidity position, reduced overheads quickly and held the order book above £400m. Rightly in our view it is looking forward with optimism and confidence, from a position of relative strength. Re-building operating margin to target 3 ....
21 Jul 2020
Cenkos: TClarke Plc -- Decisive management action – Positioned for the future
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Cenkos: TClarke Plc -- Decisive management action – Positioned for the future
TClarke plc (CTO:LON) | 161 0.8 0.3% | Mkt Cap: 85.0m
- Published:
21 Jul 2020 -
Author:
Cavendish Research -
Pages:
8
There is a steeliness about TClarke, that we believe comes through more experienced management and one that is acting more proactively to the challenges faced. The business has remained profitable through the worst of the pandemic in Q2/20, has improved its cash and liquidity position, reduced overheads quickly and held the order book above £400m. Rightly in our view it is looking forward with optimism and confidence, from a position of relative strength. Re-building operating margin to target 3 ....