Firm expecting record annual turnover this year

Electrical contractor T Clarke said it expects turnover this year to be around 拢450m after a bumper first half which saw income climb by close to half.

The firm saw turnover in the six months to June jump 49% to a record interim figure of 拢206m, helped by a booming market in London with workloads in the capital rising 72% to 拢125m.

t clarke

Interim turnover at Clarke topped 拢200m for the first time

Pre-tax profit for the period was 拢5.5m, up from the covid-impacted 拢1.9m last time.

It said that its forward order book stood at 拢586m, a rise from 拢503m last time, and net cash was up from 拢2m to 拢7.2m.

T Clarke has previously said it wants turnover to be above 拢500m by 2023.

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