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IN BRIEF: TClarke ups interim dividend despite fall in profit

ALN

TClarke PLC - London-headquartered engineering services company - Posts revenue of £207.0 million for the six months ended on June 30, up 0.4% from £206.2 million the year before. Pretax profit falls 13% to £4.8 million from £5.5 million, as operating profit decreases to £5.7 million from £6.0 million the year before. Earnings per share drop to 8.68 pence from 10.24p the year before. Declares an interim dividend of 1.38 per share, up 10% from 1.25p a year prior. Looking ahead, says trading has continued in line with expectations. Expects to reach £500 million of annual revenue target in 2023.

Current stock price: 130.97 pence

12-month change: down 18%

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