29th Jul 2024 14:16
Trifast PLC - East Sussex, England-based maker of industrial fastenings - reports weaker annual earnings but set out a promising outlook. Revenue falls 4.4% to GBP233.7 million in the financial year that ended March 31 from GBP244.4 million the year prior. Pretax loss narrows to GBP789,000 from GBP2.7 million. Trifast proposes a final dividend of 1.20p per share, down 20% from 1.5p a year prior. Its total dividend amounts to 1.80p, also a decline of 20%, from 2.25p. Trifast says it has been setting itself up for growth when the market recovers. Read More
