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TClarke Expects Annual Results Ahead Of Current Market Views

27th Nov 2018 12:59

LONDON (Alliance News) - TClarke PLC said Tuesday that it expects its annual pretax profit to rise by 18% as it continued to experience "strong" trading.

From July, when it released its half-year results, trading as remained strong and the building services company said it expects 2018 results "to be ahead of current market expectations".

Adjusted pretax profit is expected to come in at GBP8.6 million, versus GBP7.3 million a year ago while revenue will amount to GBP320 million from GBP311 million.

Furthermore, TClarke reported a 6% increase in its forward order book on last year, standing at GBP403 million against GBP380 million a year ago.

TClarke shares were trading up 3.3% at 88.49 pence each.


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