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T Clarke sees 2009 results 'slightly' ahead

Date: Friday 29 Jan 2010

T Clarke sees 2009 results 'slightly' ahead

Electrical engineering and contracting company T Clarke expects results for the year ended 31 December to be slightly ahead of market expectations. 

The group said it enters 2010 a leaner business as a result of significant cost base reductions. Cash balances stood in excess of £20m at the end of the year. 

‘The board is continuing to maintain its focus on cash management and on maintaining margins where possible, despite increased competition,’ T Clarke said.

Results for the year ended 31 December will be announced on Friday 19 March.

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