Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Trifast Expecting Annual Profit To Beat Expectations, Outlook Positive

19th Apr 2018 14:51

LONDON (Alliance News) - Trifast PLC on Thursday said it expects profit for its recently ended financial year to be slightly ahead of expectations after a strong finish.

Trifast, whose year ended is March, also said it had delivered organic revenue growth in all of its regions, and it is confident for its newly started year, given an "encouraging" order book.

Looking forward, the industrial fastenings company said the volatility in currency and raw materials, as well as possible Brexit issues, means it retains some caution. However, it is still confident on growth prospects going ahead.

Results for its year ended March are to be released on June 12.

Shares were up 2.2% on Thursday at 274.80 pence each.


Related Shares:

Trifast
FTSE 100 Latest
Value8,608.48
Change0.00