Trading Statement

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: [phone] Email: [e-mail] LSE Listing: Ticker: TRI FTSE index sector: FTSE Small Cap and FTSE All-share indices
TooleyStreet Communications IR, corporate & media relations Fiona Tooley Mobile: [phone] [e-mail]
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

 

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