14 April 2023 - trading update
It is disappointing to report that Carclo has issued another downbeat trading statement for the year to 31 March 2023. The company had already warned that it had been a tough year, with rising costs and interest rates having an adverse impact, whilst the dissolution of a major contract was another negative. The company has redefined its strategy to focus on cash preservation in recent months with investment priorities now focused on existing projects and this should result in net debt at the year end being lower than at the half year end. In the . . .
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