The Group has achieved another year of consistent growth and so remains on track to meet market expectations.
Trifast releases this Interim Management Statement in respect of the period 1 October 2012 to 31 December 2012, together with a trading update for the year ending 31 March 2013.
Trifast's investors website www.trifast.com was again nominated for the IR Society award, 'Best corporate website' (Small Cap & AIM) and won for the 2nd year running.
When we reported back in June this year, we termed our business outlook as “A World of Opportunity”, and happily, nothing has occurred since then to dull our optimism in overall Group performance going forward.
Trifast PLC have been nominated for Best corporate website & the Award for the most effective overall Annual Report (printed and online)
The Board is pleased to provide the following Interim Management Statement covering the period 1 April 2012 to the date of this announcement.
Download or view online our annual report for 2012.
Results ahead of market expectations – solid improvement in earnings sees Trifast return to the Dividend stream
As reported in November 2011, the Group’s strong performance in both sales and profitability in the first half of this current financial year provided a solid foundation and opportunity to further progress across all our stated objectives.
Trifast PLC are very pleased to announce the completion of their Malaysian acquisition, Power Steel and Electro-Plating Works Sdn. Bhd. (“PSEP”), a manufacturer of higher value and technically sophisticated cold forged components used within the automotive, motorcycle and compressor industries in the Asian region.
Trifast PLC were delighted to be awarded, Best Corporate Website: Small Cap and AIM at The IR Society Best Practice Awards dinner in London on 22nd November 2011.
Following on from the improvements we saw during the second half of the last financial year, our first half performance reflects not only revenue growth but more importantly, an excellent increase in profitability over the comparable 2010 period.
Given a strong first half’s trading, the Board continues to be very encouraged by the Group's business performance.
At today’s Annual General Meeting, Malcolm Diamond, Executive Chairman, addressed shareholders and all Resolutions were duly passed. Details of the proxy votes will be provided on the Group’s website, www.trifast.com or on request from the Company Secretary.
Trifast has clearly enjoyed the best of the global recovery in customer demand “catch up” for re-stocking, which now allows our strategy to develop market share to come into its own.
The Board of Trifast plc publishes the following Trading update ahead of its Preliminary results for the year ended 31 March 2011 which are scheduled to be announced in June.
As the Group continues to advance, and despite some caution across certain global economies we are encouraged by year to date trading and the amount of 'self help' that is within reach. Given the market dynamics visible to us at this stage, the Board would expect profit for the year to 31 March 2011 to be significantly ahead of current expectations.
Results of Voting All resolutions proposed at the Company’s AGM (21 September 2010) were duly passed. Details of the proxy voting will shortly be lodged on the Company’s web-site: www.trifast.com/Shareholder Information.
At today’s (12.00noon - 21 September 2010) Annual General Meeting, Malcolm Diamond, Executive Chairman, Trifast plc (‘TR’ or ‘Company’) will update shareholders as follows:
As the Company indicated in its Preliminary announcement issued on 16 June 2010, the uplift in the last quarter of the previous financial year continued into Q1 of the current financial year ending March 2011. Group revenue for the three months ended 30 June 2010 was 28% ahead of the same period last year; gross margins remained at levels similar to those of the second half of last financial year.
To assist in the in the next phase of growth across our global operations and to ensure continuity and implementation of consistent policies across the Group, Trifast announces the following Executive Board appointments which take effect today (16 June 2010):-
New three-phased strategy playing a key role in the TR recovery story
The Board of Trifast plc (”Trifast” or “the Company”) publishes the following pre-close update ahead of its Preliminary results for the year ended 31 March 2010.