Order book jumps to nearly 拢950m
Income at M&E contractor T Clarke edged closer to its 拢500m target last year but profit fell a quarter.
Revenue was up 15% to 拢491m but pre-tax profit slipped 26% to 拢7.6m with the firm blaming challenging market conditions hitting its engineering services business for the fall.
The firm had been hoping to reach the 拢500m turnover target last year under a three year growth plan.
But it is likely to break this figure this year with its forward order book up 70% to 拢943m. Its data centre business saw orders jump from 拢88m in 2022 to 拢346m last year.
Net cash at the year-end was up from 拢7.5m to 拢19.3m.
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