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29 Jan 2009 11:00
T.CLARKE ANNOUNCES TRADING UPDATE AND NOTICE OF RESULTS
T. Clarke plc, ("T. Clarke") the Electrical engineering and contracting Group, announces a trading update in relation to the results for the twelve months ended 31st December 2008.
T. Clarke performed well during the year and, following a post year end contract review, is pleased to report that underlying operating profit for the year is expected to be significantly higher than current market expectations. While the Board expects to make certain provisions in 2008 for impairment of goodwill, reported profit before taxation for 2008 is also expected to be materially above current market expectations.
The Board remains confident in the resilience of the business going forward, despite these challenging times.
T. Clarke will announce its preliminary results for the year ended 31st December 2008 on Thursday, the 19th March 2009. There will be an analyst presentation at 9.30am on the 19th March 2009 in the offices of City Profile, Augustine House, 6A Austin Friars, London, EC2N 2HA.
-ends-
Date: 29th January 2009
For further information contact:
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T. Clarke plc |
City Profile |
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Pat Stanborough, Chief Executive |
Simon Courtenay |
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Victoria French, Finance Director |
William Attwell |
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Tel: 020-7358-5000 |
Tel: 020-7448-3244 |
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web: www.tclarke.co.uk |
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