This
announcement contains inside information for the purposes of
Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms
part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR. Upon the
publication of this announcement via the Regulatory Information
Service, this inside information is now considered to be in the
public domain.
London, Tuesday, 2 July
2024
TRIFAST PLC
(Trifast,
Group or Company)
Update: publication of FY24
results - revision of release date
Further to the Notice of results
announcements of 25 April and 11 June 2024, the Company has been
notified by BDO LLP, the Company's auditors, that it requires
additional time to complete their audit processes. Consequently,
due to this delay, Trifast will not publish its annual results for
the year ended 31 March 2024, on 4 July 2024, as previously
advised.
The 'live' presentation of results
via the Investor Meet Company platform will also be rescheduled and
attendees will be advised of the revised date and time in due
course, and this will coincide with the
revised publication date of the FY24 results.
The Board confirms that results for
the year ended 31 March 2024 remain in line with the previous
guidance provided in January 2024, indicating a revised revenue at
c.£230m and adjusted EBIT
margin percentage of c.5%.
The Company expects the revised
announcement to be Tuesday, 6 August 2024: this will be confirmed
in due course via a Notice of results announcement as soon as
practicable. The Group will also provide shareholders with an
update on the Group's refreshed strategy.
Further enquiries please contact:
|
Trifast plc
|
Iain Percival, CEO
Kate Ferguson, Interim
CFO
Christopher Morgan, Company
Secretary
|
Tel: +44 (0) 1825 747630
Email: corporate.enquiries@trifast.com
Shareholders:
Companysecretariat@trifast.com
|
|
Peel Hunt LLP (Stockbroker & financial
adviser)
|
Mike Bell
|
Tel: +44 (0) 20 7418 8900
|
|
TooleyStreet Communications, (IR & media
relations)
|
Fiona Tooley
|
Tel: +44 (0)7785 703523
Email:fiona@tooleystreet.com
|
About Trifast plc (LSE Main listing: symbol:
TRI)
Founded in 1973, Trifast is a
leading international specialist in the design, engineering,
manufacture, and distribution of high-quality industrial fastenings
and Category 'C' components principally to major global assembly
industries.
As an international business we can
provide customer support from across key regions in the UK &
Ireland, Asia, Europe, and North America. In addition to our
service locations, we operate several manufacturing facilities
focused on high volume cold forged fasteners and special parts. We
have also established Engineering & innovation centres to
support R&D and customer collaboration across the
world.
The Group supplies to customers in
c.70 countries across a
wide range of industries, including light vehicle, heavy vehicle,
health & home, energy, tech, & infrastructure (ET&I),
general industrial and distributors. As a full-service provider to
multinational OEMs and Tier 1 companies spanning several sectors,
we deliver comprehensive support to our customers across every
requirement, from concept design through to technical engineering
consultancy, manufacturing, supply management and global
logistics.
For
more information, visit:
TRIFAST
PLC TRI Stock | London Stock Exchange
Investor website: www.trifast.com
LinkedIn: www.linkedin.com/company/tr-fastenings
Twitter: www.twitter.com/trfastenings
Facebook: www.facebook.com/trfastenings
Note
Trifast, TR and TR Fastenings are
registered trademarks of the Company.
LEI
number: 213800WFIVE6RWK3CR22