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TClarke forward order book up 10%

By BFN News | 07:41 AM | Tuesday 28 March, 2017


TClarke's underlying operating profits rose by 35% to £6.9m in the year to the end of December and the forward order book increased by 10% to £330m. Revenue from continuing operations rose by 15% to £278.6m and underlying pre-tax profits were up 48% at £6.2m. Chief executive Mark Lawrence said: "We are delighted with the results that we are presenting today. "Our business is clearly making good progress. "Our focus on improving performance and margins throughout the Group continues to show through. "Equally pleasing is that we have been awarded further contract wins which means that our forward order book as at the end of February 2017 now stands at £350m, a new record for TClarke. "In addition, to support our prefabrication capabilities we will shortly be opening a brand new 26,000 Sq Ft facility at Stansted, Essex. "The move will provide enhanced facilities for our people, while achieving improved quality and efficiency plus considerably extended capabilities in our prefabrication and manufacturing activities. "The outlook for the future remains positive." Story provided by StockMarketWire.com

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