Trifast 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.
Read moreFriday broker round-up
24th May 2019 13:23
(Sharecast News) - SafeChange International Group: Berenberg downgrades to hold with a target price of 436p.
Read moreTrifast reports solid revenue growth; weak pound pressures UK margins
26th Sep 2018 15:37
(Sharecast News) - AIM-listed Trifast reported "solid" revenue growth in the first five months of the year across all regions, although UK margins were still squeezed due to the Brexit-induced slump in the pound.
Read moreSterling weakness lifts a confident Trifast
16th Feb 2017 16:12
(ShareCast News) - Trifast issued an unaudited trading update for the third quarter on Thursday, saying that on a constant currency basis, the company experienced a continuing strong performance across its main geographies. The London-listed firm said its Asia business returned to growth as it began
Read moreTrifast posts another record breaking six months
8th Nov 2016 12:09
(ShareCast News) - Trifast posted what it described as another record breaking six months on Tuesday, in its half-yearly financial report to 30 September, with a total revenue increase of 8.1% at constant exchange rates to £89.7m, or 14.9% at actual exchange rates. The London-listed company said its
Read moreTrifast shares surge on relatively rosy update
4th Oct 2016 10:33
(ShareCast News) - Trifast issued an unaudited trading update ahead of its half-year results for the six months to 30 September on Tuesday, with the results scheduled to be announced on 8 November. The London-listed firm said business remained "solidly on track" in terms of organic growth performanc
Read moreTrifast annual pre-tax profits rise, CEO departs
16th Jun 2015 08:05
Manufacturing group Trifast posted better-than-expected annual pre-tax profit, as revenue rose on the back of operational improvements. The London-listed company said pre-tax profit for the year to 31 March rose 33.6% year-on-year to £11.8m, while revenue increased 19.2% to £154.7m and underlying ea
Read moreTrifast execs make tidy sum through share option sale
21st Nov 2014 15:59
The chairman and boss of fastenings group Trifast have both raised £1.08m each after selling shares issued under the company's 2009 share option plan. Executive chairman Malcolm Diamond and chief executive Jim Barker, who have both been with the company for over three decades, were issued 1m shares
Read moreTuesday broker round-up UPDATE
17th Jun 2014 09:45
Aquarius Platinum: UBS cuts target price from 41p to 24p and keeps a neutral rating. BAE Systems: Berenberg initiates with a target price of 455p and a hold recommendation. British Land: Deutsche Bank ups target price from 520p to 580p, but still recommends selling. Capital & Counties: Deutsche B
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