We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tclarke Plc | LSE:CTO | London | Ordinary Share | GB0002015021 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 0.31% | 161.00 | 160.50 | 161.00 | 162.00 | 160.50 | 160.50 | 43,881 | 13:24:05 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Special Trade Contractor,nec | 491M | 6.5M | 0.1230 | 13.09 | 85.09M |
TIDMCTO
RNS Number : 5734Y
Clarke(T.) PLC
10 May 2019
TClarke plc
AGM AND TRADING UPDATE
Ahead of the Annual General Meeting, being held today at 10.00am at 200 Aldersgate, St Paul's, London EC1A 4HD, TClarke plc ("TClarke" or the "Group"), the Building Services Group, issues a Trading Update covering the period from 1(st) January 2019 to date.
The Group is pleased to report that trading in the early months of the 2019 financial year has continued to be positive. The Board remains confident that revenues and profits for the year will be in line with the upgraded expectations that we announced in March. To put those in context, for the year ending 31(st) December 2019, these are forecast to be revenues of GBP340 million; EBITDA of GBP12.1 million; underlying profit before tax of GBP9.3 million and underlying EPS of 17.5p. The Group also remains well placed to meet its financial objective of a sustainable 3% operating margin in 2019.
We are pleased with the continuing high quality of our forward order book, which as at 30(th) April 2019 remains strong at GBP403 million (2018: GBP368 million). Encouragingly, we are seeing no lack of opportunities across all of the market sectors in which we operate. In addition, encouraged by our large multi-national clients, we are pursuing opportunities for our Technologies business in western Europe and have established a new subsidiary, TClarke Europe Limited, as the vehicle for tendering and delivering these projects. We maintain a strict policy only to bid for projects that meet our internal risk analysis and we will approach this emerging business opportunity with our usual discipline and caution.
Overall, the outlook for TClarke continues to be positive and we look forward to reporting on the progress that we make over the remainder of the year.
The next update is scheduled for 6(th) August 2019 with the release of the Group's Half Year results for the six months ending 30(th) June 2019.
-ends-
10(th) May 2019
For further information contact:
TClarke plc
Mark Lawrence - Group Chief Executive
Trevor Mitchell - Finance Director
David Lanchester - Company Secretary
Tel: 020 7997 7400
www.tclarke.co.uk
N+1 Singer (Financial Adviser and Broker)
Sandy Fraser
Rachel Hayes
Tel: 020 7496 3000
www.nplus1singer.com
RMS Partners
Simon Courtenay
Tel: 020 3735 6551
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
MSCLLFSEESIAIIA
(END) Dow Jones Newswires
May 10, 2019 02:00 ET (06:00 GMT)
1 Year Tclarke Chart |
1 Month Tclarke Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions