Firm says underlying 2017 profit will be up
Electrical contractor T Clarke has said that revenue for the year will be north of 拢300m after a bumper 2017 buoyed by increased national spending on technology and infrastructure.
The firm posted income of 拢279m last year but group chief executive Mark Lawrence said turnover would be up again with the firm, which traditionally operates in and around London, booking 拢190m of revenue for next year and a further 拢100m secured in 2019.
T Clarke said its underlying pre-tax profit would be around 拢6.5m, up from the 拢6.2m it posted in 2016.
Lawrence said it had won an electrical package at the One Nine Elms twin towers scheme being built by Multiplex in the shadow of the new US embassy and had landed M&E work on the International Quarter development being built by Lendlease in Stratford.
Further afield, it has won a place on a frameworks scheme for Manchester Airport Group at the operator鈥檚 East Midlands, Manchester and Stansted airports while it is also expected to extend its work for BAE Systems by another three years at two of the aerospace firm鈥檚 sites near Preston.
No comments yet