M&E specialist also reports improved cash position in trading update
M&E specialist T Clarke increased its order book by 20% and net cash position nine-fold during 2012, the firm said in a trading statement.
The firm鈥檚 order book increased to 拢230m as at 31 December 2012 鈥� up from 拢190m the previous year 鈥� while its net cash position increased to 拢5.4m from 拢0.6m.
The firm said: 鈥淲e are pleased to report that despite pressures from clients, contractors and suppliers the Group remains debt free.鈥�
T Clarke鈥檚 trading has continued in line with expectations since the firm issued an interim management statement on 16 November 2012.
The firm will publish its financial results for the year ended 31 December 2012 on 19 March.
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