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TClarke 'confident' performance will meet its guidance

By BFN News | 08:35 AM | Friday 10 May, 2019

TClarke said it was 'confident' that performance for the year would be in line with its upgraded expectations as trading in the early months of the year had continued to be 'positive.' For the year ending 31st December 2019, revenues are expected to come in at £340m; earnings (EBITDA) at £12.1m; underlying profit before tax of £9.3m and underlying earnings per share of 17.5p. 'The group also remains well placed to meet its financial objective of a sustainable 3% operating margin in 2019,' it added. Its forward order book as at 30th April 2019, remained strong at £403m, compared with £368m a year earlier. 'Overall, the outlook for TClarke continues to be positive and we look forward to reporting on the progress that we make over the remainder of the year,' the company said. At 8:35am: (LON:CTO) Clarke T PLC share price was +3p at 131.5p Story provided by

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