T. Clarke jumps on order book news
T. Clarke, the building services company, says its forward order book has improved and now stands at £190m with over 50% of this year's requirement secured.
T. Clarke, the building services company, says its forward order book has improved and now stands at £190m with over 50% of this year's requirement secured.
It says it has won several high profile contracts including the famous "walkie-talkie" at 20, Fenchurch Street in the City. The total area amounts to 686,670 sq feet including 22,950 sq ft of retail space.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The news saw the stock rise 15% by 10:51 this morning, although over the last 12 months T. Clarke's shares are down 66%.
Yesterday analysts at Panmure Gordon said the company needed to show progress in generating cash for its dividend. The encouraging news on orders may imply T. Clarke will be able to provide shareholders with a reasonable return come the official year end release on the 20th of March.
BS
-
The UK areas which saw biggest jump in asking prices in 2025 – is yours on the list?We look at the UK areas where asking prices rose the most last year.
-
‘Sandwich generation’ carers losing £6,000 a year to support elderly relativesMiddle-aged adults are often caught between caring for children or grandchildren and their elderly parents, leaving them taking time out of the workforce and facing a huge hit to wages while they are still trying to save for retirement. We look at the true cost of caring.
