18 Feb 2021
Trifast# - Encouraging Progress – Reiterate Buy
Trifast has released a good trading update, continuing the operational momentum from the interim results and improved growth in Q4 2020. The Group indicates that “trading levels continue to strengthen” with 5% revenue growth in the four months to the end of January. At current revenue run rates, the Group expects FY21 revenue to be slightly ahead of current consensus. With a renewed restocking cycle and good operating leverage, we see upside risks to our conservative earnings forecasts, partly ....
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Trifast# - Encouraging Progress – Reiterate Buy
Trifast plc (TRI:LON) | 72.3 0 0.0% | Mkt Cap: 98.4m
- Published:
18 Feb 2021 -
Author:
Andrew Simms -
Pages:
5
Trifast has released a good trading update, continuing the operational momentum from the interim results and improved growth in Q4 2020. The Group indicates that “trading levels continue to strengthen” with 5% revenue growth in the four months to the end of January. At current revenue run rates, the Group expects FY21 revenue to be slightly ahead of current consensus. With a renewed restocking cycle and good operating leverage, we see upside risks to our conservative earnings forecasts, partly ....