Latest news and updates including investors information from the Trifast Plc Group.
Trifast Plc Trading Update - February 2017
"Strong trading, keeps us on track with out expectations to achieve another record breaking financial year"
The Board of Trifast issues the following unaudited trading update for the Q3 trading period and up to the date of this announcement.
Half-Yearly Financial Report for the Six Months Ended 30 September 2016
Yet another record breaking six months, with strong underlying trading growth driving our underlying PDT up by 8.0% at CER (20.3% at AER).
HY2017 has seen another six months of strong trading, putting us firmly on track with our expectations to achieve another record breaking financial year.
Trifast Plc Trading Update and Notice of Results - October 2016
The Board of Trifast issue the following unaudited trading update ahead of the Group's Half-year results for the six months ended 30 September, which are scheduled to be announced on Tuesday, 8 November 2016.
As we reported at our AGM on 27 July 2016, 'TR's business remains solidly on track in terms of our organic growth performance and capital investment objectives despite widespread general economic concerns arising mainly from Brexit'.
Trifast Plc - 2016 Preliminary Results
FY 2015 was our strongest trading performance ever. In FY 2016, we have built on that success story and delivered our sixth year of continuous growth.
For us, Europe, Asia and the USA all remain key areas for growth both organically and non-organically. Our enquiry pipeline is strong, whilst our cose organic strategy of focusing on our multinational OEMs looks set to continue to deliver growth.
Trifast Plc Trading Update and Notice of Annual Results
Trifast (LSE Premium Listing: Ticker: TRI), leading international specialists in the engineering, manufacturing and distribution of high quality industrial fastenings to major global assembly industries, issues the following unaudited Trading update ahead of the Group’s Annual Financial Results, which will be announced on Tuesday, 14 June 2016.
The Company is pleased to report a strong finish to the year, benefitting from the ongoing focus on driving operational efficiencies, continued organic growth and a positive contribution from acquisitions. Accordingly, the Board expects the results for the year ended 31 March 2016 to be towards the upper end of market expectations.
Trifast Plc Trading Update - February 2016
Whilst the UK industrial market has shown signs of some softening as we expected when we reported last November, our markets in both mainland Europe and Asia remain strong.
It is also pleasing to report that Kuhlmann, in Germany (acquired in Q3) and VIC (acquired in May 2014) in Italy are both trading well; both these highly experienced teams have excellent technical knowledge which is assisting us in driving our core growth strategy of increasing revenues from our multi-national OEM base on a global basis.
Trifast Half-yearly financial report for the six months ended 30 September 2015
We are pleased to report a solid first half performance which has delivered an underlying pre-tax profit increase of 24.8% to £8.3m and a 23.2% increase in underlying EPS.
Our order pipeline across our key locations remains encouragingly healthy. We continue to focus on cost control and supply chain management, particularly from ongoing investment into efficiency drivers. The positive impact this is having on our margins is expected to continue.
Acquisition of Kuhlmann Extends TR's European Presence Into the German Market
Under the terms of the acquisition, Trifast has acquired Kuhlmann for a total consideration of €8.50 million (£6.16m).
The initial amount of €6.76 million (£4.90m) was paid on completion in cash and €0.04 million (£0.03m) was satisfied by the allotment of 29,350 ordinary shares in the Company.
Trifast Plc Trading Update - September 2015
Group current trading across all regions in the period to 31 August 2015 remains encouraging and in line with management expectations.
Our search actively continues to add niche, well run businesses to the Group’s portfolio which meet our criteria and support our growth plans and ambitions.
Trifast Plc Report & Accounts 2015
Our growth opportunity is firmly built around the enticing knowledge that Trifast has less than 1% of the global industrial fastener market.
Our offering on an international scale is an attractive USP to many OEMs.
Trifast Plc - 2015 Preliminary Results
We are delighted to be able to report a record performance for the year. This is reflected in an impressive increase in terms of revenue, up 19%, and underlying profit before tax, up 56%.
The impressive results in 2015 are stronger than originally expected. They reflect the operational improvements implemented by management over recent years which are now delivering growth in both revenue and profitability, together with the upturn in confidence as we progressed through the year.
Trifast Plc Pre-Close 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.
Trifast Plc - Trading Update - February 2015
The Board of Trifast plc (Symbol: TRI), the international fastenings group, provides the following trading update for the financial year to date.
The Group is developing a strong forward order pipeline reflecting solid growth from both new and existing customers across its key sectors of global automotive, domestic appliances and electronics/telecoms infrastructure (4G).
Trifast - Half Year Results with Malcolm Diamond MBE, Executive Chairman
Malcolm Diamond MBE discusses the half year results published today including a short overview of the company, the team's performance and future opportunities.
The Board remains optimistic about the Group’s outlook and expects trading to exceed its expectations for the financial year
Trifast Wins Category at the IR Society Awards
Trifast plc has been recognised by the Investor Relations Society (IR Society) at its Best Practice Awards ceremony held in London last week.
Trifast collected the top award for Best Use of Digital Communications (Small Cap & AIM sector). It was also shortlisted in the Best Digital Reporting and Best Annual Report categories of the 2014 Awards.
Trifast Shortlisted for IR Society 2014 Best Practice Awards
The Investor Relations Society has just issued its short list for Best Practice Awards and Trifast has been shortlisted in three categories.
Best annual report, Best digital reporting & Best use of digital communications