Profits soar by almost 50% at pipe manufacturer

Tricorn Group
A firm which specialises in manufacturing tubes saw its profits rise by almost 50% last year. Malvern based Tricorn is listed on Aim and published its interim results this morning.  Profit were up 49.5% to £553,000 and revenues almost doubled from £11.4m to £22.1m to the end of March. Chairman of Tricorn Andrew Moss said: "The group has made good progress over the past six months with a focus on margins which contributed to a significant increase in profit before tax and a 52% increase in earnings per share compared to th... For the full story register now for free or login below...