
Investment case
All of our end markets are in a period of growth, and our pipeline of opportunities has never been stronger

MARKET LEADER
c.£60BN market size
TR is a key global brand in a fragmented market with no one player holding >5% of global spend, supporting organic and acquisition growth opportunities.

DIVERSIFIED
<7.5% sales to any single customer
Low customer concentration and a balanced sector portfolio provide protection in a cyclical market.

GLOBAL FOOTPRINT
34 global locations
Reliable distribution and supply solutions around the world that flex to fit our global customers’ needs.

ENGINEERING-LED ROUTE TO MARKET
>75% of revenues customer specific, branded or licenced products
Our experienced design and application engineers, supported by our high-quality manufacturing locations, provide fastener solutions to customer application problems.

STRONG BALANCE SHEET
A strong balance sheet, flexible banking facilities and a successful equity raise provide the capability to invest for growth.

SHAREHOLDER RETURNS
The Board recognises the role of dividends in forming part of our TSR and is committed to maintaining a progressive dividend policy in line with profitable growth.