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67.60    1.20 (1.81%)
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Spread: 2.00 (2.985%)
Market Cap: £91.24m
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Trading Statement

20 Apr 2015 07:00

RNS Number : 6424K
Trifast PLC
20 April 2015
 

 

 

 

 

 

 

Monday, 20 April 2015

 

Trifast plc

(the "Group")

Trading update

 

The Board is very pleased to report that, following the trading update on 11 February 2015, the Group has continued to perform well in the final quarter of the financial year ended 31 March 2015. Accordingly, the Board expects the results for the year to be, as a minimum, at the upper end of current market expectations.

 

The strong performance in the year reflects the results of the operational improvements implemented by management over recent years now delivering growth in both margins and profitability. The forward order book remains solid and the Group's trading performance and commercial progress this year looks set to continue across the business units.

 

We remain encouraged by the many opportunities we have, both across our key sectors and with new and existing customer partnerships, and by the future growth profile of the business.

 

The Board will update shareholders further at the time of the preliminary results which will be announced on Tuesday, 16 June 2015.

 

ENQUIRIES:

Trifast plc

Malcolm Diamond MBE, Executive Chairman

Jim Barker, Chief Executive

Mark Belton, Group Finance Director

Telephone: +44 (0) 1825 747366

Email: corporate.enquiries@trifast.com

LSE Listing: Ticker: TRI

FTSE index sector: FTSE Small Cap and FTSE All-share indices

TooleyStreet Communications

IR, corporate & media relations

Fiona Tooley

Mobile: +44 (0) 7785 703523

fiona@tooleystreet.com

About TR: Trifast's trading business TR Fastenings is a leading international manufacturer and distributor of industrial fastenings to the assembly industries, with operations in Europe, the Americas and Asia.

For more information, please visit Group website: www.trifast.com

Commercial website: www.trfastenings.com or see us on LinkedIn: www.linkedin.com/company/tr-fastenings:

Facebook: www.facebook.com/trfastenings: Twitter: www.twitter.com/trfastenings

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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