Full-year results were £0.4m better than our adjusted PBT expectations. Underlying market conditions remain favourable and internal measures continue to drive forward growth, with multinational OEMs assisting growth and accounting for 65% of sales. Significant investments are taking place in both capex and through Project Atlas. This is a £15m multi-year project that should globalise processes and lead to efficiency and commercial improvements. We raise our 2019 forecasts by &poun
12 Jun 2018
Full-year results; Project Atlas a major investment
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Full-year results; Project Atlas a major investment
Trifast plc (TRI:LON) | 76.0 -0.9 (-1.6%) | Mkt Cap: 103.4m
- Published:
12 Jun 2018 -
Author:
David Buxton -
Pages:
10
Full-year results were £0.4m better than our adjusted PBT expectations. Underlying market conditions remain favourable and internal measures continue to drive forward growth, with multinational OEMs assisting growth and accounting for 65% of sales. Significant investments are taking place in both capex and through Project Atlas. This is a £15m multi-year project that should globalise processes and lead to efficiency and commercial improvements. We raise our 2019 forecasts by &poun