Why invest in TClarke?

The investment case can be summarised under these five headings:

1. Strong Cash

  • The Group’s cash generation remains robust with the year end net cash improving by 26% to £11.7 million, the strongest closing balance recorded since 2009.
  • Substantial and growing cash balances.
  • Planned investment for future growth funded entirely from internal resources.
  • Commitment to progressive dividend policy.

2. Management Discipline & Strong Risk Control Environment

  • Targeted approach to contract tendering process and assessment and strength of potential customers.
  • Prudent profit recognition.

3. Forward Revenue Visibility

  • 66% of forecast  2018 revenues booked as at 31st December 2017.
  • £100 million of revenues booked for 2019 and beyond.

4. Balanced Business and order book

  • Increasing exposure to long-term infrastructure work.
  • Investing in new technologies and secular growth markets.
  • Five Target Markets balanced across construction cycles.

5. Improving Margin profile and profitability

  • Focus on growing profits ahead of revenues.
  • Differentiated service offering commands higher margins.
  • Medium term target to increase the underlying operating margin to 3%.

To understand more about about the investment case for TClarke, read our Strategy for Growth

  • Strong Cash
  • Discipline & Risk Control
  • Forward Revenue Visibility
  • Balanced Business and order book
  • Improving Margins