Fastenings manufacturer enjoys strong first half

Fastenings manufacturer Trifast has reported a strong first half with ongoing investment across all its regions. For the six months to September 30, 2017, group revenue rose 9% to £97.8m (H1 2016: £89.7m), with underlying pre-tax profit up 9.7% over the period to £10.9m (H1 2016: £9.9m). Basic earnings per share rose 22.2% to 6.72p (H1 2016: 5.50p), with the interim dividend up 10% to 1.10p (1.00p). It said: “The board and management team have concluded, that in our view, global market demand will remain dynamic, and so we... For the full story register now for free or login below...