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T Clarke Trading In Line With 2016 Focus On Contract Margins

15th Jan 2016 08:21

LONDON (Alliance News) - Building services company T Clarke PLC on Friday said its underlying performance remained encouraging in the final weeks of 2015 and its results for the year will meet its expectations.

The group's forward order book at the end of December was flat at GBP300.0 million. The company said its markets remain active and it is tendering for new contracts across its target markets, with a focus on deals which will stretch into 2017.

T Clarke said it expects to benefit as conditions in the UK construction market improved and said it would maintain a focus on winning new contracts at acceptable margins.

The company will publish its annual results on March 22.

Shares in the group were untraded early Friday, having last traded at 91.00 pence.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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