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 sees full year ahead of market expectations

By Michele Maatouk

Date: Tuesday 27 Nov 2018

LONDON (ShareCast) - (Sharecast News) - Building services group T Clarke said on Tuesday that 2018 results should be ahead of market expectations as it approaches the new financial year "in excellent shape".
In an update for 1 July to date, the company said it expects underlying operating profit before interest and taxation of around £8.6m, up from £7.3m in the same period a year ago, and revenue of £320m versus £311m. The group said the implied underlying operating profit margin of 2.7% provides further evidence that it is on track to achieve its target of 3%.

The company's forward order book has grown by 6% year on year and now stands at a record £403m versus £380m last year, while project wins totalling £150m have been secured since the announcement of the half year results.

"This update provides clear evidence that the group's strategy is working and underpins our confidence that our underlying operating profit margin target of 3% is attainable in the near future," it said.

"The strength and reputation of T Clarke is evidenced by our record forward order book. We have maintained our market leading position in our traditional markets whilst securing technology driven projects, where project complexity and specification levels play to our strengths."

At 1525 GMT, the shares were up 3.9% to 89p.

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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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