The contractor says it has made 'encouraging' progress in both London and the regions
T Clarke has announced that trading had recovered in the second half of 2007. It registered an additional £50m projects wins since August, when its turnover had dropped by £4m.
During the summer the electrical engineering and contracting firm experienced difficulties with some of its regional businesses. T Clarke said it had addressed the issue by installing a new regional reporting structure and devising plans to install anintegrated IT system across the company.
Chief executive Pat Stanborough said: “We are pleased that the Group is making encouraging progress in both our core London business and our regional subsidiaries. We have created a platform of quality businesses with the capability to deliver large complex projects to an extremely high standard.”
He is confident that T Clarke will meet market expectations this year as £150m of projects are due for completion in 2008.