T.Clarke, the building services group, said in mid-November it was on track to meet market expectations for the full year and in Panmure Gordon's opinion it had better deliver, or face the wrath of the market.
"After some disappointing updates, the company needs to start delivering again. While market conditions remain tough, the last IMS [interim management statement] was in line, so it is a start to the process," the broker notes. "However, against a backdrop of challenging market conditions, this remains a tough task," the broker added.
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