IN BRIEF: TClarke lifts payout as profit doubles on good margin

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TClarke PLC - London-based building services firm - Pretax profit in the six months to June 30 more than doubles to £5.5 million from £1.9 million a year before. Revenue rises 49% to £206.2 million from £138.2 million. Credits the growth to maintaining its operating margin close to target levels of 2.9%. Proposes an interim dividend of 1.25 pence, up 67% from 0.75p. Expects revenue growth to continue throughout the rest of 2022. Anticipates full-year revenue of £450 million, ahead of market expectations.

Current stock price: 161.25 pence

12-month change: up 17%

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