TClarke hits £500m turnover target but profitability slips

M&E specialist TClarke has substantially achieved its ambitious target to double revenue in three years to £500m.
The firm revealed this morning that revenue last year jumped a further 15% lifting it to £491m.
But challenging market conditions, particularly impacting the Engineering Services business, saw pre-tax profits slide a quarter to £7.6m.This meant that group operating margins fell back from 2.7% in 2022 to 1.9% last year.
Chief executive Mark Lawrence said regional