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Mon June 21 2021

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TClarke returns to profit

22 Mar 16 Building services contractor TClarke has reported record revenues for 2015 and a return to profit.

Chief executive Mark Lawrence
Chief executive Mark Lawrence

For the year ending 31st December 2015, TClarke plc banked revenues of £242.4m (2014: £207.9m, excluding discontinued operations in Bristol, and Cardiff).

It made a pre-tax profit for the year of £3.5m, compared to an £800,000 loss in 2014.

During the year, the order book grew from £250m to £300m.

“Although the London market has led the upturn in demand, it is also extremely good to report our best ever forward order books across the regions,” said chief executive Mark Lawrence. “This is highly significant, since it also allows us to be more focused and selective in seeking further work which will, in turn, help us to deliver better value for our stakeholders.”

He added: “I am delighted by many of the projects we've delivered and won in 2015 and am particularly pleased to see our Northern region winning work with Overbury, who we have collaborated with for many years in the London region.”

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