REG - Trifast PLC - FY24 results publication–revision of release date

TrifastAnnouncement

02/07/2024 16:45

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RNS Number : 8568U  Trifast PLC  02 July 2024

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                      Tel: +44 (0) 1825 747630

 Kate Ferguson, Interim CFO              Email: corporate.enquiries@trifast.com

                                       (mailto:corporate.enquiries@trifast.com)
 Christopher Morgan, Company Secretary

                                         Shareholders: Companysecretariat@trifast.com
                                         (mailto: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 (mailto: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
(https://www.londonstockexchange.com/stock/TRI/trifast-plc/company-page)

Investor website: www.trifast.com (http://www.trifast.com)

LinkedIn: www.linkedin.com/company/tr-fastenings
(http://www.linkedin.com/company/tr-fastenings)

Twitter: www.twitter.com/trfastenings (http://www.twitter.com/trfastenings)

Facebook: www.facebook.com/trfastenings (http://www.facebook.com/trfastenings)

 

Note

Trifast, TR and TR Fastenings are registered trademarks of the Company.

LEI number: 213800WFIVE6RWK3CR22

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