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IN BRIEF: TClarke ups interim dividend despite fall in profit

13th Jul 2023 10:36

TClarke PLC - London-headquartered engineering services company - Posts revenue of GBP207.0 million for the six months ended on June 30, up 0.4% from GBP206.2 million the year before. Pretax profit falls 13% to GBP4.8 million from GBP5.5 million, as operating profit decreases to GBP5.7 million from GBP6.0 million the year before. Earnings per share drop to 8.68 pence from 10.24p the year before. Declares an interim dividend of 1.38 per share, up 10% from 1.25p a year prior. Looking ahead, says trading has continued in line with expectations. Expects to reach GBP500 million of annual revenue target in 2023.

Current stock price: 130.97 pence

12-month change: down 18%

By Xindi Wei, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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