Trifast plc - Preliminary results for the year ended 31 March 2018
TRI Tue, 12 Jun 2018, 07:10am BST
The Group majors on design, manufacture and distribution of mechanical fasteners on a global basis to both distributors and to OEM assemblers.
Industry: Industrial Goods & Services
Trifast discuss their preliminary results for the year ended 31 March 2018. Highlights include total revenue increase of 6.0% at Actual Exchange Rate. Underlying profit before tax increased 8.5% and capital investment rises to £3.7m, increasing the Groups manufacturing capacity and capabilities. Moving into the new site in the USA in April this year, represents one of Trifast's biggest warehousing investments in recent years, increasing capacity significantly to future-proof the business for further growth.