14th Feb 2019 12:00
LONDON (Alliance News) - Industrial fastenings maker Trifast PLC on Thursday said it continued to trade in line with forecasts despite a challenging industry backdrop.
The company said that recent contract wins and a strong pipeline "gives us confidence as we look to the future".
Looking at the UK's exit from the European Union, planned for March 29, the company said that its Brexit team has now completed its contingency planning.
"We currently consider that both the operational and financial impact of any Brexit scenario will be manageable in the short term. Longer term implications for the wider UK economy are less easy to predict," Trifast said.
The company will provide a further update in mid-April and plans to release its annual results in June.
Trifast shares were trading down 0.5% at 189.50 pence each on Thursday.
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