As indicated with the 1HFY23 trading update, Trifast posted strong revenue gains, but underlying profitability suffered, and net debt ended the period at £40.4m (IAS 17). Given strong management action, including implementation of an operational improvement programme and the establishment of a new Executive Committee we anticipate a much improved 2HFY23. We make no material changes to our forecasts and continue to expect Trifast to report FY23 adjusted profit before tax (PBT) of £14.2m. Manageme ....
