Interim results illustrate two main features: challenging underlying markets as previously flagged, which were partly offset by ongoing increases in market share. Some effects from customers delaying new product introductions was also seen, which reflected the fragile business confidence. Automotive markets remain weak for the time being, although the pipeline in this area should see robust future growth, assisted by EV introductions. No change to forecasts having reduced expectations followi
19 Nov 2019
Trifast - Interim results: Market share gains in tough markets
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Trifast - Interim results: Market share gains in tough markets
Trifast plc (TRI:LON) | 77.3 0.7 1.2% | Mkt Cap: 105.2m
- Published:
19 Nov 2019 -
Author:
David Buxton -
Pages:
7
Interim results illustrate two main features: challenging underlying markets as previously flagged, which were partly offset by ongoing increases in market share. Some effects from customers delaying new product introductions was also seen, which reflected the fragile business confidence. Automotive markets remain weak for the time being, although the pipeline in this area should see robust future growth, assisted by EV introductions. No change to forecasts having reduced expectations followi