Trifast warns on full-year results, shares tank
22nd Jan 2024 10:51
(Sharecast News) - Trifast tanked on Monday as it warned that full-year results would be "significantly" below its previous expectations, pointing to low visibility and volatile demand.
Read moreTrifast appoints ex-Essentra manager as new CEO
15th Sep 2023 09:34
(Sharecast News) - Industrial components manufacturer Trifast has announced it has finally found a new chief executive after a six-month search.
Read moreTrifast confident on prospects after 'disappointing' year
26th Apr 2023 09:11
(Sharecast News) - Industrial fastening specialist Trifast said in an update on Wednesday that revenue for the 2023 financial year was set to total around £245m, representing organic growth of 7% at constant currency.
Read moreDirector dealings: Trifast CEO makes share purchase
28th Feb 2023 16:22
(Sharecast News) - Trifast revealed on Tuesday that non-executive director Clive Watson had acquired 31,125 ordinary shares in the London-listed industrial fasteners manufacturer.
Read moreTrifast issues profit warning, announces CEO departure
20th Feb 2023 09:12
(Sharecast News) - Trifast issued a profit warning on Monday as it pointed to significant destocking from one of its Asian manufacturing customers, and announced the resignation of its chief executive.
Read moreTrifast H1 pre-tax profits slump
22nd Nov 2022 12:31
(Sharecast News) - Shares in industrial fastenings group Trifast slumped early on Tuesday after it reported a sharp drop in interim pre-tax profits.
Read moreWednesday broker round-up
21st Jul 2021 11:56
(Sharecast News) - Morgan Advanced Materials: Liberum starts at 'buy' with 470.0p target price.
Read moreTuesday broker round-up
12th Jan 2021 13:14
(Sharecast News) - Clarkson: JP Morgan downgrades to neutral with a target price of 2,960p.
Read moreTrifast raising up to £16m as it works through Covid crisis
19th Jun 2020 12:44
(Sharecast News) - Industrial fastenings manufacturer Trifast updated the market on its response to Covid-19 on Friday, and announced its intention to conduct a non-pre-emptive placing of new ordinary shares to raise up to £15m, and a broker option to raise up to £1m.
Read moreFriday broker round-up
14th Feb 2020 12:38
(Sharecast News) - SSE: Morgan Stanley downgrades to equal weight with a target price of 1,620p.
Read moreShoreCap downgrades Trifast, highlights long-term decline in auto industry
14th Feb 2020 09:59
(Sharecast News) - Analysts at ShoreCap downgraded their recommendation for shares of Trifast after the company guided towards the lower end of its previous guidance range on the back of more challenging than expected market conditions.
Read moreTrifast warns on profit as coronavirus closes Chinese sites
14th Feb 2020 09:20
(Sharecast News) - Trifast warned that annual profit would be at the lower end of forecasts as the maker of industrial fastenings said the closure of its Chinese sites because of coronavirus had reduced revenues in China.
Read moreMonday broker round-up
23rd Dec 2019 12:16
(Sharecast News) - Rentokil: Peel Hunt reiterates hold with a target price of 455p.
Read moreBerenberg lower target price on Trifast amid 'tough' end-markets
23rd Dec 2019 10:37
(Sharecast News) - Analysts at Berenberg lowered their target price on industrial fastenings manufacturer Trifast on Monday, but praised the group's solid progress despite "tough end-markets".
Read moreWednesday broker round-up
23rd Oct 2019 12:48
(Sharecast News) - Bodycote: HSBC downgrades to hold with a target price of 725p.
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