Firm expects revenues and profits to be ahead of expectations

Building services group TClarke’s order book had surpassed the £400m mark for the first time.

As of 30 April the firm’s order book stood at £402m, up 22% on the beginning of the year.

Supported by this the firm said it expected revenue and profit for 2017 to be ahead of current market expectations, at £300m and £6.1m respectively.

TClarke said confidence for the medium term was “underpinned by this ability to secure significant projects in the markets where we operate”.

At its AGM the company outlined a number of project wins in recent months, including work on Dyson’s new research and development campus at Hullavington Airfield, Wiltshire; an MRI installation at the Gloucester Royal Hospital, and a three-year term contract to provide and maintain security systems, CCTV and access control and the Royal Cornwall Hospitals Trust.