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66.00    0.60 (0.92%)
Bid:
65.60
Ask:
70.00
Spread: 4.40 (6.707%)
Market Cap: £89.08m
TRI Live PriceLast checked at - London Stock Exchange

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AGM Statement

28 Sep 2006 12:05

Trifast PLC28 September 2006 September 28 2006 Trifast Plc Annual General Meeting Statement Anthony Allen, Chairman of Trifast plc, will be making the following statementtoday at the Company's AGM: The current financial year has started well and trading is in line withexpectations. The integration of Serco Ryan Limited, the third largest UK-based fastenerdistributor which we acquired in October 2005, has been successful and asexpected will be significantly earnings enhancing. We remain focused on becoming the premier brand in the European and AsianIndustrial Fastener Market. A new European management structure is now in placeto execute our growth strategy in the region. In Turkey, our recent acquisitionTR Keba, a distributor of screws and fastenings, is performing well and isalready delivering on new contracts. Our Asian businesses are also progressingwell especially our distribution operations in China and our new manufacturingplant in Suzhou (Jiangsu province). - ENDS - Enquiries: Trifast PlcJim Barker, Chief ExecutiveStuart Lawson, Finance DirectorTel: 01825 747 366 Smithfield Consultants LtdNoemie de Andia / Will SwanTel: 020 7360 4900 This information is provided by RNS The company news service from the London Stock Exchange
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