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TClarke

September 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

In response to an order book growing from £586m in H1 ‘22 to the current £781m and a pipeline in excess of £1bn, electrical and mechanical contractor T Clarke has raised £10.7m gross via the issue of new shares at 122p. The funds will be deployed to deliver identified contract opportunities in London as well as strengthening the balance sheet. The buoyant placing came just before interim results, which were in line and showed a slight decrease in EBIT profit to £5.7m (down £0.3m) but with EBIT margin up 0.1% to 2.8%. This year will be a stub year (Cenkos eps: 17.4p), before a surge to 24.2p and 27.1p. T Clarke’s markets are resilient with growth hot spots in government-backed infrastructure such as new hospital ...

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TClarke - Huge growth in data centre business drives order book gains (July 2023)

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T Clarke - Order book up 24% year-on-year (July 2022)

T Clarke (April 2022)

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T Clarke - Electrical contractor with buoyant order book on low PE (June 2021)

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TClarke

September 2023

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