12544TClarke Growth Continues at Pace

TClarke Growth Continues at Pace

TClarke Group CEO Mark Lawrence reported significant growth across the Group in the latest trading update and highlighted increases in resource investment and capacity to give the group headroom and ample capacity for future opportunities.

“A forward order book standing at an impressive £720m and confidence that revenues will exceed £500m for the first time in the current year – as per our plan – will rightly be headline news. But the bigger story in our view is the substantial investment in resources and capacity which has taken place at the same time. These investments give us considerable additional engineering resource headroom in preparation for further future opportunities.

“The years we have spent refining and improving our operational efficiency have allowed us to make these investments with great effectiveness across our UK business.  Expansion is happening the TClarke Way – deepening confidence in our unique combination of in-house skills and resources and winning repeat business with select clients, on jobs that make sense for our business model.

“We are growing organically and, by increasing our capacity ahead of demand, our message to the market is deliberately clear and confident. We have the resource you need.

“We know TClarke’s unique in-house mechanical, electrical and technologies skills make us more and more attractive as the partner of choice to deliver complex modern projects – and as we expand that resource, we are bringing on new skills and services to improve delivery and increase sustainability.

“Moreover, year after year we train and continue to train more and more apprentices and leaders in our business to grow our own pipeline of high-quality people. The increase in depth and scale of our resources is based on this fundamental reality. This is what allows us to scale up with precision and success. So when we stand in front of clients we can say:  ‘We have the capacity , we have the high quality TClarke people you want and we have the set of integrated services you need – all in house and all ready for your next project.’ ”

The full stock exchange announcement can be read here