The AGM update highlights core KPI’s in line with expectations in the year to date; no change to forecasts. Trifast continues to perform well across its broad spread of geographies, with 74% of FY18 Arden Partners’ forecast EBIT generated outside the UK which should provide top line resilience. The shares fully justify the growth rating with scope for progressive upgrades over the year; the recent weakness provides a good buying opportunity.
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AGM update
Trifast plc (TRI:LON) | 77.2 0.7 1.2% | Mkt Cap: 105.1m
- Published:
25 Sep 2017 -
Author:
Ben Thefaut -
Pages:
3
The AGM update highlights core KPI’s in line with expectations in the year to date; no change to forecasts. Trifast continues to perform well across its broad spread of geographies, with 74% of FY18 Arden Partners’ forecast EBIT generated outside the UK which should provide top line resilience. The shares fully justify the growth rating with scope for progressive upgrades over the year; the recent weakness provides a good buying opportunity.