Tclarke (CTO)

Sector:

Construction and Building Materials

Index:

FTSE Fledgling

99.45p
   
  • Change Today:
      0.100p
  • 52 Week High: 137.00
  • 52 Week Low: 73.00
  • Currency: UK Pounds
  • Shares Issued: 43.05m
  • Volume: 40,072
  • Market Cap: £42.82m
  • RiskGrade: 277

T Clarke wins record orders but margins may not rise until 2015

By Philip Waller

Date: Friday 09 May 2014

LONDON (ShareCast) - Building services contractor T Clarke reported record orders and said markets were picking up, but warned it may not feel the impact of the recovery until next year.

Clarke said its forward order book had reached an all-time high of £265m versus £230m a year ago, while revenue rose to £70m at April 30th against £65m last time.

It has won projects from BP, the NHS, local authorities and developers in places such as London, Scotland, Bristol, Plymouth and Sunderland.

Clarke said it had traded in line with expectations since the start of 2014.

Chief Executive Mark Lawrence (pictured) said: "Whilst there are clear signs of improvements in our markets, we still believe it will be 2015 before we see meaningful improvement to margins in our most competitive markets."

He added: "Our commitment to direct employment should give us tendering advantages given recent HMRC changes towards the use of self employed operatives."

Clarke said Chairman Russell Race was retiring from the company after 16 years at Friday's annual meeting.

At 11:52, shares in T Clarke were flat at 82p.

PW

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tclarke Market Data

Currency UK Pounds
Share Price 99.45p
Change Today 0.100p
% Change 0.10 %
52 Week High 137.00
52 Week Low 73.00
Volume 40,072
Shares Issued 43.05m
Market Cap £42.82m
RiskGrade 277

Tclarke Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.37% above the market average67.37% above the market average67.37% above the market average67.37% above the market average67.37% above the market average
47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average
Price Trend
18.63% above the market average18.63% above the market average18.63% above the market average18.63% above the market average18.63% above the market average
17.95% above the sector average17.95% above the sector average17.95% above the sector average17.95% above the sector average17.95% above the sector average
Income
82.78% above the market average82.78% above the market average82.78% above the market average82.78% above the market average82.78% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Growth
39.76% above the market average39.76% above the market average39.76% above the market average39.76% above the market average39.76% above the market average
5.26% above the sector average5.26% above the sector average5.26% above the sector average5.26% above the sector average5.26% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tclarke Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Jun-20 05-Sep-19
Paid 17-Jul-20 04-Oct-19
Amount 3.65p 0.75p

Trades for 29-May-2020

Time Volume / Share Price
16:19 5,516 @ 98.71p
15:53 180 @ 98.71p
13:28 1,039 @ 98.71p
11:15 1,000 @ 100.79p
10:53 489 @ 100.79p

Tclarke Key Personnel

CEO Mark Lawrence
Finance Director Trevor Mitchell

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