TClarke Plc reports 25% increase in underlying operating profit for the period 1 July 2019 to date

  • Nov 28, 2019 GMT
  • Team Kalkine
  • TClarke Plc (LON: CTO) has released a trading update for the period from 1 July 2019 to date.
  • The company reported that the group’s trading continued strongly in the second half of the year, and it highlighted a 25 per cent increase in underlying operating profit.
  • The Board expects the results for the full year ending 31 December 2019 to be in-line with market expectations and an underlying operating profit before interest and taxation of approximately £10 million as compared to £8.8 million in 2018, in-line with company’s strategy to achieve the key financial target of an underlying operating margin of 3 per cent.

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