Friday preview: T Clarke, Rightmove

20th Aug 2009 15:54

Electrical engineering and contracting company T Clarke, which will report interim figures on Friday, warned last month that it does not expect to meet current market expectations for the year after it initiated a strategic review of the group. Given the difficult state of the markets in which it operates, the group is undertaking a restructuring programme, which could lead to the closure or disposal of two of its smaller regional businesses. It is also extending its cost reduction process with a number of redundancies across the group. As part of the restructuring programme, Barry DeFalco, Managing Director UK Regional Operations, has agreed to stand down from the board and will leave in September 2009. Expect the associated costs of these initiatives to be mostly recognised in the first half.FINALSGoodwin, INTERIMS Rightmove, Candover Investment, T ClarkeINTERIM DIVIDEND PAYMENT DATE Aberforth Geared Capital & Income Trust Income Shares, Aberforth Smaller Companies Trust, Domino Printing, Heavitree, Sanderson Group QUARTERLY PAYMENT DATE Equity Partnership Income Shares AGMS Carador EUR Shares, Prosperity Minerals Holdings