Tclarke (CTO)

Sector:

Construction and Building Materials

Index:

FTSE Fledgling

180.00p
   
  • Change Today:
      5.50p
  • 52 Week High: 183.00
  • 52 Week Low: 80.90
  • Currency: UK Pounds
  • Shares Issued: 43.05m
  • Volume: 65,428
  • Market Cap: £77.49m
  • RiskGrade: 148

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 180.00p
Change Today 5.50p
% Change 3.15 %
52 Week High 183.00
52 Week Low 80.90
Volume 65,428
Shares Issued 43.05m
Market Cap £77.49m
RiskGrade 148

Tclarke Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
64.49% above the market average64.49% above the market average64.49% above the market average64.49% above the market average64.49% above the market average
8.11% below the sector average8.11% below the sector average8.11% below the sector average8.11% below the sector average8.11% below the sector average
Price Trend
92.63% above the market average92.63% above the market average92.63% above the market average92.63% above the market average92.63% above the market average
95.00% above the sector average95.00% above the sector average95.00% above the sector average95.00% above the sector average95.00% above the sector average
Income
31.79% above the market average31.79% above the market average31.79% above the market average31.79% above the market average31.79% above the market average
31.03% below the sector average31.03% below the sector average31.03% below the sector average31.03% below the sector average31.03% below the sector average
Growth
90.61% below the market average90.61% below the market average90.61% below the market average90.61% below the market average90.61% below the market average
89.47% below the sector average89.47% below the sector average89.47% below the sector average89.47% below the sector average89.47% below 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
  Interim Final
Ex-Div 02-Sep-21 22-Apr-21
Paid 01-Oct-21 21-May-21
Amount 0.75p 3.65p

Trades for 15-Oct-2021

Time Volume / Share Price
16:36 100 @ 180.00p
16:35 6,340 @ 180.00p
16:28 226 @ 179.50p
16:28 99 @ 179.00p
16:07 1,500 @ 178.40p

Tclarke Key Personnel

CEO Mark Lawrence
Finance Director Trevor Mitchell

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