10 Apr 2018

Further positive trading update

- Robert Sanders
- 2 pages

Tricorn’s pre-close trading update to end March 2018 states that it expects adj. PBT to be ahead of market expectations on sales around 20% ahead of FY2017. We have increased our FY2018 adj. PBT to £0.83m (from £0.79m) on sales of £22.2m (£22.1m) giving adj. EPS of 2.0p (1.9p). Both divisions and the China JV have contributed to this significant uplift in profits YoY. Ahead of the final results being reported (scheduled for 6 June 2018) we have maintained our FY2 ....

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Further positive trading update

Published: 10 Apr 2018
Author: Robert Sanders
Pages: 2

Tricorn’s pre-close trading update to end March 2018 states that it expects adj. PBT to be ahead of market expectations on sales around 20% ahead of FY2017. We have increased our FY2018 adj. PBT to £0.83m (from £0.79m) on sales of £22.2m (£22.1m) giving adj. EPS of 2.0p (1.9p). Both divisions and the China JV have contributed to this significant uplift in profits YoY. Ahead of the final results being reported (scheduled for 6 June 2018) we have maintained our FY2 ....