Contractor set to hit £500m target by end of 2023
M&E contractor T Clarke said revenue this year will be north of £400m putting it on track for a £500m turnover figure by the end of 2023.
Earlier this year, the firm, which is working on several high-profile schemes in London including one of the Facebook buildings at King’s Cross and the Bankside Yards scheme at Southwark, said it wanted to hit the £500m mark within three years.
In a trading update this morning, it said turnover this year would be £410m, a 22% rise on the pre-pandemic number of £335m filed in 2019.
The firm added that its order book had grown to a record £525m and that income in the last three months of this year would be at a record high.
T Clarke will release its full year results next March.