REG - Trifast PLC - Trading Statement

TrifastAnnouncement

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RNS Number : 8661Y  Trifast PLC  11 September 2025

11 September 2025

 

TRIFAST PLC

 

AGM Trading Update

 

Performance in line with expectations, driven by margin recovery and progress
on our medium-term Recover, Rebuild, Resilience strategy

 

Trifast plc ('Trifast' or the 'Group', LSE: TRl.L), the international
specialist in the design, engineering, manufacture, and distribution of
high-quality engineered fastenings, provide a trading update in advance of the
Group's Annual General Meeting on 11 September 2025.

 

Trading in the first four months of the current financial year (FY26) has been
in line with the Board's expectations and consistent with that reported at our
Full Year results in July 2025.

 

Macroeconomic headwinds remain, impacting certain industrial markets, but
Trifast has built-in resilience to help counter this through our global
manufacturing footprint, engineering expertise and exposure to growing
end-markets, as well as our critical position in customers' supply chains and
the support we provide to help them navigate the current environment.

 

Our focus remains on the self-help levers to deliver further margin
improvement as we transform our business into an efficient, professional and
data-led organisation. The success to date of our Recover, Rebuild, Resilience
turnaround strategy gives the Board confidence that we will be able to deliver
our objectives of margin growth and improved cash generation despite the
industrial backdrop. Today, Trifast is a leaner, more focused and better
business. Whilst there is more to accomplish, we are excited about the future
potential of the business as we look to the next chapter of its growth.

 

Looking ahead, despite continuing external market challenges, we remain
confident in delivering our medium-term ambitions, including an EBIT margin
target of >10%.

 

The Group expects to release Half Year results for the six-month period ending
30 September 2025 on 18 November 2025.

 

 

2025 Annual General Meeting Results presentation

 

An in-person and virtual AGM for shareholders will be held at 1200hrs today at
the office of Peel Hunt, 100 Liverpool Street, London EC2M 2AT. The Company
will be hosting the Annual General Meeting via the Investor Meet Company
platform on 11 September 2025 at 1200hrs. To register for the presentation,
please use this link: https://www.investormeetcompany.com/trifast-plc/register
(https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.investormeetcompany.com%2Ftrifast-plc%2Fregister&data=05%7C02%7Cchristopherm%40trifast.com%7C7df387bfa4c649aa660508ddebc76111%7Cae197c69b5594538abc423c69baea9f3%7C0%7C0%7C638925963773100286%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=%2BtSFR90nc0ZT4IHT9%2F4MWEw9NklmpHMNy4s7PRbSYvo%3D&reserved=0)

 

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.

 Enquiries:
 Trifast plc

 Iain Percival, Chief Executive Officer

 Kate Ferguson, Chief Financial Officer

 Christopher Morgan, Company Secretary
 Office: +44 (0) 1825 747630
 Email: corporate.enquiries@trifast.com
 (mailto:corporate.enquiries@trifast.com)
 Shareholders: companysecretariat@trifast.com
 (mailto:companysecretariat@trifast.com)

 Peel Hunt LLP (Stockbroker & financial adviser)
 Mike Bell
 Charlotte Sutcliffe

 Tel: +44 (0)20 7418 8900

 

 Editors' notes
 About Trifast plc (LSE Main listing: symbol: TRI)

 In 2023, TR celebrated 50 years of business with a proud heritage of serving
 customers with engineered fastening supply chain solutions. Specialising in
 the design, engineering, manufacture, and distribution of high-quality
 engineered fastenings and Category 'C' components principally for 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 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.65 countries across a wide range of industries, including Automotive,
 Smart Infrastructure and Medical Equipment. 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.

 We have defined a clear purpose and vision:

 To sustainably drive our customers' success by simplifying their fastener
 supply chain and supporting them in their technical requirements through our
 world-class engineering and manufacturing capabilities.

 For more information, visit:

 TRIFAST PLC TRI Stock | London Stock Exchange
 (https://www.londonstockexchange.com/stock/TRI/trifast-plc/company-page)

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

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

 X: www.x.com/trfastenings (http://www.x.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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