The company's net cash balances were stated as £12.8 million, and the earnings per share profit on ordinary activities after taxation were 18.26 pence.
Despite worries elsewhere in the industry over a potential recession, T Clarke is confident that the future remains buoyant. The chairman of T Clarke, Russell Race, commented: "An encouraging sign is that many of the projects that we are working on and winning extend well into 2002, and in some cases beyond."
He added that: "Although we will keep a close eye on the wider economy and our future workload, our principal markets show no sign of slowing down."
Source
Electrical and Mechanical Contractor