M&E specialist says it will hit expected numbers
Mechanical and electrical specialist T Clarke has increased its order book by almost 10% on the same point last year, it said today.
In a statement ahead of its Annual General Meeting today it said its order book as of April 30 stood at 拢230m, up from the 拢210m reported last year. It said over 80% of revenues for this financial year had been secured, and that cash balances at the beginning of May were maintained at just under 拢6m.
The statement said T Clarke would meet analysts expectations, despite 鈥渨ell reported margin pressures in our markets and business failures among our competitors鈥� through financial discipline and a selective tendering approach.
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