
20 Apr 2017
N+1 Singer - Trifast - FY17 results ahead of expectations
Trifast has provided a positive year end trading update, with good performances across all geographies. Results for FY17 are guided to be ahead of expectations, with year end net debt also lower than previously expected. FY18 has also started well, although management has reiterated slight caution regarding margins due to rising input costs. We anticipate increasing our PBT forecasts by a mid-single digit percentage, and also reducing our net debt estimates. We remain positive on prospects for T ....

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N+1 Singer - Trifast - FY17 results ahead of expectations
Trifast plc (TRI:LON) | 67.0 0 0.0% | Mkt Cap: 91.2m
- Published:
20 Apr 2017 -
Author:
Singer CM Team -
Pages:
3 -
Trifast has provided a positive year end trading update, with good performances across all geographies. Results for FY17 are guided to be ahead of expectations, with year end net debt also lower than previously expected. FY18 has also started well, although management has reiterated slight caution regarding margins due to rising input costs. We anticipate increasing our PBT forecasts by a mid-single digit percentage, and also reducing our net debt estimates. We remain positive on prospects for T ....