AGM Trading Update
Trifast plc announced that trading for the current financial year remains in line with market expectations, with consensus forecasts for the year ending March 31, 2027, indicating revenue of £214 million and adjusted EBIT of £18.6 million, despite macroeconomic challenges impacting its North America auto business. The company is focused on its strategic priorities of margin improvement, cash generation, and cost control, expressing confidence in its medium-term prospects under its Recover, Rebuild, Resilience strategy. A further update is expected on October 20, 2026, with interim results for the six months ending September 30, 2026, due in November 2026.
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Trifast plc ('Trifast' or the 'Group', LSE: TRI.L), the international specialist in the design, engineering, manufacture, and distribution of high-quality engineered fastenings, provides a trading update in advance of the Group's Annual General Meeting being held later today.
Trading in the current financial year remains in line with market expectations*, notwithstanding a challenging macroeconomic backdrop, which continues to affect the Group's North America auto's business in particular, reflecting the Group's increasing exposure to higher growth areas and geographies.
The Group remains focused on execution of its strategic priorities, continued margin improvement and cash generation, while maintaining close control of costs. The Board remains confident in the Group's medium-term prospects and in the continued progress being made under its Recover, Rebuild, Resilience strategy.
A further update will be provided in the Group's pre-close half year results trading update expected to be released on 20 October 2026.
The Group expects to release its interim results for the six months ending 30 September 2026 in November 2026.
* In so far as the Company is aware, as at 7 September 2026, consensus market expectations for the year ending 31 March 2027 were for revenue of £214m, and adjusted EBIT of £18.6m. The consensus is calculated by reference to the median of the estimates provided by Berenberg and Singer Capital Markets. These estimates are analysts' forecasts and are not produced or endorsed by Trifast.
2026 Annual General Meeting
The in-person and virtual AGM for shareholders will be held at OSiT, 46 New Broad Street, London EC2M 1JH later today, 8 September 2026, at 12:00pm.
Any shareholders who are unable to physically attend the AGM will be able to follow the proceedings online via the Engage Investor platform. Shareholders that wish to view the AGM remotely should register for the event in advance via the following link: https://engageinvestor.news/TRI_IP26.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.