UK's Trifast plans to pass on tariff costs to consumers, shares rise

Trifast

30/04/2025 14:13

April 30 (Reuters) - ** Shares of UK's Trifast TRFT.L up as much as 8.57% at 70p; among top gainers on London's small cap index .FTSC

** Trifast, which makes components for assembly industries, says it intends to pass on incremental costs resulting from U.S. tariffs to customers

** TRFT reports FY2025 adjusted EBIT of 14.8 million pounds ($19.77 million), largely in line with guidance of 15.0 million pounds

** Up to Tuesday's close, stock had fallen 25.6% so far this year

($1 = 0.7486 pounds)

(Reporting by Simone Lobo in Bengaluru)

((Simone.Lobo@thomsonreuters.com; +919920570373;))