21 Nov 2023
Trifast (TRI LN) - Interim results show strategic progress
Trifast has announced an encouraging set of interim results both operationally and financially. The operational improvements being made under the new management team are starting to be reflected in the financial performance of the business, particularly in terms of working capital. Despite the operating environment remaining challenging, it is on course to broadly hit ZC FY24 profit estimates. Importantly the working capital commitment of the business continues to fall improving cash generation ....
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Trifast (TRI LN) - Interim results show strategic progress
Trifast plc (TRI:LON) | 72.4 -1.7 (-3.3%) | Mkt Cap: 98.6m
- Published:
21 Nov 2023 -
Author:
Andy Hanson -
Pages:
10 -
Trifast has announced an encouraging set of interim results both operationally and financially. The operational improvements being made under the new management team are starting to be reflected in the financial performance of the business, particularly in terms of working capital. Despite the operating environment remaining challenging, it is on course to broadly hit ZC FY24 profit estimates. Importantly the working capital commitment of the business continues to fall improving cash generation ....