Announcement • May 02
Trifast plc Provides Group Financial Guidance for the Year Ended 31 March 2026; Provides Revenue Guidance for the Fiscal Year 2027 Trifast plc provided group financial guidance for the year ended 31 March 2026. For the year, Group EBIT margins are expected to improve to approximately 7.8% (2025: 6.7%) reflecting the ongoing impact of self-help actions, including inventory discipline and the sale of excess and obsolete stock.
As a result of the closure of the Malaysian manufacturing operation and on-going conflicts in the Middle East, fiscal year 2027 revenue will be reduced by £8.0 million. Announcement • Apr 29
Trifast plc to Report Fiscal Year 2026 Results on Jul 02, 2026 Trifast plc announced that they will report fiscal year 2026 results at 6:00 AM, Coordinated Universal Time on Jul 02, 2026 Announcement • Nov 19
Trifast plc Declares Interim Dividend for the Six Months Ended 30 September 2025, Payable on April 10, 2026 Trifast plc has declared an interim dividend of 0.60 pence per share for the six months ended 30 September 2025 (HY2025: 0.60 pence per share) which will be paid on 10 April 2026 to members on the register as at 6 March 2026. Announcement • Sep 11
Trifast plc to Report First Half, 2026 Results on Nov 18, 2025 Trifast plc announced that they will report first half, 2026 results on Nov 18, 2025 Announcement • Jun 30
Trifast plc, Annual General Meeting, Sep 11, 2025 Trifast plc, Annual General Meeting, Sep 11, 2025. Announcement • Jun 27
Trifast plc to Report Fiscal Year 2025 Results on Jul 10, 2025 Trifast plc announced that they will report fiscal year 2025 results at 6:00 AM, Coordinated Universal Time on Jul 10, 2025 Announcement • Nov 20
Trifast plc Declares Interim Dividend, Payable on April 10,2025 Trifast plc has declared an interim dividend of 0.60 pence (HY2024: 0.60 pence) which will be paid on 10 April 2025 to members on the register as at 7 March 2025. Announcement • Oct 22
Trifast plc to Report First Half, 2025 Results on Nov 19, 2024 Trifast plc announced that they will report first half, 2025 results on Nov 19, 2024 Announcement • Sep 11
Trifast plc Approves Final Dividend, Payable on October 11, 2024 Trifast plc approved a final dividend of 1.20 pence per share will be paid on 11 October 2024 to Members on the register at the close of business on 13 September 2024. The ordinary shares will become ex-dividend on 12 September 2024. Announcement • Jul 30
Trifast plc Proposes Final Dividend for the Fiscal Year Ended March 31, 2024, Payable on 11 October 2024 The Board of Trifast plc proposed the final dividend at 1.20 pence for the fiscal year ended March 31, 2024 (fiscal year 2023: 1.50 pence). The final dividend, subject to shareholder approval at the AGM, will be paid on 11 October 2024 to shareholders on the register at the close of business on 13 September 2024. The ordinary shares will become ex-dividend on 12 September 2024. Announcement • Apr 26
Trifast plc to Report Fiscal Year 2024 Results on Jul 04, 2024 Trifast plc announced that they will report fiscal year 2024 results on Jul 04, 2024 Announcement • Mar 12
Trifast plc Announces Management Changes Trifast announced the Board appointment of Laura Whyte as a Non-Executive Director and Chair of the Remuneration Committee effective from 11 March 2024. Laura, having worked in a number of organizations within the listed, private and charitable sectors, is an experienced operational and non-executive director with a strong focus on brand, customer and workforce engagement and ESG. Prior to building her NED portfolio Laura spent her executive career within the John Lewis Partnership and held various senior management roles including being a member of the John Lewis Management Board; in her last six years at the Partnership, she was HR Director and held the brief for Internal Communications. Laura's other listed non-executive appointments include the UK property REIT, Capital and Regional plc and Macfarlane Group plc, leading designers and manufacturers of protective packaging through its distribution channels in the UK, Ireland and Europe. She is also a Trustee and at The Royal Naval College, Greenwich. As previously announced on 12 October 2023, Claire Balmforth informed the Board of her intention to step down and retire from the Company once a suitable candidate has been appointed. Following Laura's appointment, it has been agreed that after a short transition period Claire will retire at the end of the current financial year ending 31 March 2024. Current directorships: 2022: Non-Executive Director, Macfarlane Group plc (Chair of the Remuneration Committee; member of the Audit and Nominations Committees; designated NED Workforce Engagement), 2015: Non-Executive Director, Capital and Regional plc (Chair of the Remuneration Committee; and member of the Audit and Nominations Committees; designated NED Workforce Engagement). Previous Directorships and advisory roles: 2018-2022: Non-Executive Director, Chair of XL Vets UK Ltd, 2014-2023: Non-executive director, British Horseracing Authority, 2014-2021: Non-Executive Director, The Ministry of Defence, 2013-2017: Trustee The Ebony Horse Club, 2013-2016: Non-Executive Director, The British Equestrian Federation, 2011-2018: Executive Trustee, Women in Retail, 2007 - 2014: Founding Chair & Trustee, John Lewis Foundation. Announcement • Feb 28
Trifast plc, Annual General Meeting, Sep 10, 2024 Trifast plc, Annual General Meeting, Sep 10, 2024, at 10:00 Coordinated Universal Time. Announcement • Jan 23
Trifast plc Revised Earnings Guidance for the Year Ending March 31, 2024 Trifast plc revises earnings guidance for the year ending March 31, 2024. For the year, the Board now expects that the Group's results to be significantly below its previous expectations, with revised revenue at c.£230 million. Announcement • Dec 15
Trifast plc Announces Retirement Claire Balmforth as Non Executive Director On 12 October 2023, Trifast announced via the regulatory news service that Claire Balmforth (Non-Executive Director and Chair of the Remuneration Committee) had informed the Company that she intended to retire from Board on 31 December 2023. The Company has commenced a search to recruit a suitable replacement NED, however his process is not likely to complete before the end of 2023. Consequently, Ms. Balmforth has agreed to remain on the Trifast Board until such time as an appointment is made and, there has been a sufficient handover period effected. Announcement • Nov 21
Trifast plc Has Declares Interim Dividend, Payable on 11 April 2024 Trifast plc has declared an interim dividend of 0.60 pence (HY2023: 0.75 pence) which will be paid on 11 April 2024 to members on the register as at 15 March 2024. Announcement • Oct 20
Trifast plc Announces Appointment of Nicholas Mills as A Non-Executive Director , Effective from October 20, 2023 Trifast plc announced appointment of Nicholas Mills as A Non-Executive Director, effective from October 20, 2023. Age is 33. Nicholas is a fund manager and director of Harwood Capital LLP, who are a 6.21% shareholder in the Company. Having attained a BSc. in the US in 2013 from Boston College, Carroll School of Management, MA, he started his career with Gabelli Asset Management in New York where, over a five-year period he gained a wealth of experience covering equity research, investments, merger arbitrage strategies and marketing Closed End Funds. In 2019 Nicholas returned to the UK to join Harwood Capital. Current directorships: October 2009 Growth Financial Services Limited: Director, January 2019 - Harwood Capital LLP - Director and Fund Manager, September 2021 - Harwood Capital Management (Gibraltar) Limited - Director, January 2019 - 62 Pont Street (Freehold) Limited - Director, December 2021 - North Atlantic Investment Services Limited - Director. September 2020 - Hargreaves Services plc - Non-executive Director, November 2020 - NOIX Group plc (formerly Circassia Group PLC) - Non-executive Director. Past directorships: 2022-2023 Crestchic Plc (formerly Northbridge Industrial Services plc) - Non-executive Director. Announcement • Oct 12
Trifast plc Announces Retirement of Claire Balmforth as Non-Executive Director and Chair of the Remuneration Committee Non-Executive Director and Chair of the Remuneration Committee, Claire Balmforth, who joined Trifast in April 2020 has informed the Board of her intention to retire from the Company, effective from 31 December 2023. The Company has initiated a process to identify a suitable replacement for Ms Balmforth, and a further announcement will be made in due course. Announcement • Oct 05
Trifast plc to Report First Half, 2024 Results on Nov 21, 2023 Trifast plc announced that they will report first half, 2024 results on Nov 21, 2023 Announcement • Sep 17
Trifast plc Appoints Iain Percival as Chief Executive Officer, Effect from 20 September 2023 Trifast plc announced that Iain Percival is to be appointed Chief Executive Officer and will join the Main Board with effect from 20 September 2023. Iain holds a BSc (Hons) Mechanical Engineering degree and, over a 30-year career he has worked in divisional leadership positions within a number of international manufacturing businesses. An experienced industrialist Iain has also gained significant experience within transformational change environments with a key focus on cost down, supply chain productivity initiatives, effective supply chain management and manufacturing efficiencies. Between 2017-2021 Iain was Divisional Chief Executive atEssentra Packaging,part of Essentra plc, a FTSE250 company. Within this role he led the transformation and M&A strategy which resulted in this division achieving a return to growth and becoming a successful leading player in its sector. Between 2004-2016 he spent twelve years withRexam PLCwhere he held seniorroles within three of its divisions before being appointed divisional CEO of the Beverage Cans business in Europe; during 2013-2016, he strategically reshaped the business focus and delivered top line growth through a mix of volume recovery and market share. Under his stewardship all these businesses delivered value to the parent company and stakeholders. Prior to this, he spent 10 years in purchasing roles withToyota Motor Europe. Announcement • Sep 15
Trifast plc Announces Directorate Change Trifast plc announced that Jonathan Shearman will, after 14 years of service to the Company, step down and retire from the Board at the close of business on 14 September 2023. Serena Lang who joined the Trifast Board as a Non-executive Director and Chair elect on 10 August 2023 will assume her role with immediate effect. Serena's executive career spans more than 20 years across multi-sector industries both in the UK and internationally. Her skills and understanding of commercial business, at varying stages of growth covering strategy, transformation and M&A will enhance the Trifast team's capabilities. The Board and senior management team look forward to working with Serena in her Non-executive Chair role as it continues to focus on the future, to deliver its growth strategy and, taking the business through the next phase of development. Announcement • Aug 10
Trifast plc Announces Board Changes The Board of Trifast plc reported that the process for the Non-Executive Director/Chair elect has been completed and that with effect from 10 August 2023, Serena Lang will be appointed to the Board as a Non-Executive Director/Chair elect. Serena is an experienced FTSE Chair and Board member. Her Executive career spanning more than 20 years across multi-sector industries both in the UK and internationally has allowed Serena to develop her skills and understanding of commercial business, at varying stages of growth covering strategy, transformation and M&A. Before joining industry Serena completed an MBA; she joined Capgemini (formerly Ernst & Young) where, between 2000-2003 she led strategic and transformation projects for major corporations, including BP. From 2003-2007 Serena worked for BP plc and was recognised as one of its top 100 employees. She then spent five years with Invensys plc (2008-2013) where she held senior management roles including managing the BP account and then as Regional Chief Executive, North West Europe & Africa (2009-2011). Over this period of her career Serena developed, collaborated and implemented a number of successful transformational growth strategies including global effectiveness & efficiencies initiatives that delivered growth whilst improving the customer proposition, product portfolio and supply chain overall. Since 2015 Serena has developed significant Board experience both within the private and plc arena. She joined Eleco plcand was part of the team that oversaw management succession and its transition to a SaaS business. Over a nine-year tenure she held the roles of Non-Executive Director, SID and Chair of the PLC Board, until May 2023 when she stepped down from her role. Serena's current Non-Executive Directorships include; Henry Boot PLCand Ainscough Crane Hire Limited. Jonathan Shearman, the current Chair will step down from the Board on 14 September 2023 with Serena taking over as Chair from this date. Consequently, as he is not now seeking re-election at the 2023 Annual General Meeting, Resolution 5 contained in the Notice of Meeting, published on 18 July 2023 has been withdrawn. Announcement • Jul 12
Trifast plc, Annual General Meeting, Sep 15, 2023 Trifast plc, Annual General Meeting, Sep 15, 2023, at 10:30 Coordinated Universal Time. Location: Peel Hunt LLP, 100 Liverpool Street London United Kingdom Announcement • Jun 09
Trifast plc to Report Fiscal Year 2023 Results on Jul 11, 2023 Trifast plc announced that they will report fiscal year 2023 results on Jul 11, 2023 Announcement • Oct 20
Trifast plc Provides Earnings Guidance for the Fiscal Year 2023 Trifast plc provided earnings guidance for the fiscal year 2023. Reflecting the continued commercial momentum the Board currently expects fiscal year 2023 group revenue to be slightly ahead of its previous expectations. Announcement • Oct 11
Trifast plc to Report First Half, 2023 Results on Nov 22, 2022 Trifast plc announced that they will report first half, 2023 results on Nov 22, 2022 Announcement • Aug 04
Trifast plc, Annual General Meeting, Sep 07, 2022 Trifast plc, Annual General Meeting, Sep 07, 2022, at 11:00 Coordinated Universal Time. Location: Trifast House, Bellbrook Park Uckfield, East Sussex TN22 1QW East Sussex United Kingdom Agenda: To consider Annual Report and Financial Statements; to receive and approve the Directors' Remuneration Report for the financial year ended 31 March 2022; to consider and recommend a final dividend of 1.40 pence per ordinary share to be paid on 14 October 2022 to shareholders on the Register of Members at the close of business on 16 September 2022; to consider board changes; to consider re-appointment of auditor and consider auditor's remuneration; and to consider other matters. Announcement • Jul 05
Trifast plc to Report Fiscal Year 2022 Results on Jul 26, 2022 Trifast plc announced that they will report fiscal year 2022 results on Jul 26, 2022 Announcement • May 05
Trifast plc, Annual General Meeting, Jul 21, 2022 Trifast plc, Annual General Meeting, Jul 21, 2022. Announcement • Apr 06
Trifast plc to Report Fiscal Year 2022 Results on Jun 21, 2022 Trifast plc announced that they will report fiscal year 2022 results on Jun 21, 2022 Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 18% share price decline to UK£1.11, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Machinery industry in the United Kingdom. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.01 per share. Reported Earnings • Nov 24
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: EPS: UK£0.032 (up from UK£0.015 in 1H 2021). Revenue: UK£103.8m (up 28% from 1H 2021). Net income: UK£4.41m (up 127% from 1H 2021). Profit margin: 4.2% (up from 2.4% in 1H 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 4.3%, compared to a 13% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 09
Upcoming dividend of UK£0.016 per share Eligible shareholders must have bought the stock before 16 September 2021. Payment date: 15 October 2021. Trailing yield: 1.1%. Lower than top quartile of British dividend payers (3.9%). Lower than average of industry peers (1.4%). Announcement • Sep 02
Trifast plc (LSE:TRI) acquired Falcon Fastening Solutions, Inc. Trifast plc (LSE:TRI) acquired Falcon Fastening Solutions, Inc. for $8.3 million on September 1, 2021. The consideration of $8.3 million is on a cash free/debt free basis, which has been funded through the Trifast plc existing cash and financing facilities. As of December 31, 2021, Falcon Fastening Solutions, Inc. reported EBITDA of $1.27 million and gross assets at the same date were $5.3 million. Peel Hunt LLP acted as financial advisor to Trifast plc.
Trifast plc (LSE:TRI) completed the acquisition of Falcon Fastening Solutions, Inc. on September 1, 2021. Reported Earnings • Jun 24
Full year 2021 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: UK£188.2m (down 6.0% from FY 2020). Net income: UK£5.79m (up UK£6.03m from FY 2020). Profit margin: 3.1% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Announcement • Nov 24
Trifast plc Not Proposing Interim Dividend for the Half Year of 2021 Trifast plc announced that in order to allow to appropriately manage financial position and flexibility in the current uncertain times, the company is not proposing an interim dividend for HY2021 (FY2020: interim of 1.20 pence, final of 0.0 pence). The Board plans to review this decision before year-end, depending on how the wider macroeconomic environment develops. Announcement • Oct 05
Trifast plc to Report Fiscal Year 2010 Results on 06/16/2010 Trifast plc announced that they will report fiscal year 2010 results on 06/16/2010 Announcement • Sep 22
Trifast plc to Report First Half, 2021 Results on Nov 24, 2020 Trifast plc announced that they will report first half, 2021 results on Nov 24, 2020 Announcement • Jun 22
Trifast plc has completed a Follow-on Equity Offering in the amount of £14.999999 million. Trifast plc has completed a Follow-on Equity Offering in the amount of £14.999999 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,448,132
Price\Range: £1.205
Transaction Features: Subsequent Direct Listing