Trifast (TRI): Saudi Arabia expansion
This situation live
TRI Trifast
18 Nov 2025 · MISA approval received; Heads of Terms signed · −13% until the next step
This expansion is underpinned by a Heads of Terms Agreement with one of our major Smart Infrastructure customers and will be delivered in phases from planned launch in Q3 FY26 launch.
29 Apr 2026 · Saudi customer disrupted by Iran conflict; revenue hit expected · +33% until the next step
In particular, a customer operating in Saudi Arabia has experienced disruption as a result of the current environment, which is expected to adversely affect revenues in the region.
20 Oct 2026 · Revenue still hit by Middle East disruption · −5% since
with revenue from our planned operations in Saudi Arabia also being impacted by the continued disruption in the Middle East.
Saudi Arabia expansion
Revenue still hit by Middle East disruption
NOV17
Next: Half-year results with Saudi update in 23 days
Every step · 3
- 18 Nov 2025 MISA approval received; Heads of Terms signed – This expansion is underpinned by a Heads of Terms Agreement with one of our major Smart Infrastructure customers and will be delivered in phases from... ↗
- 29 Apr 2026 Saudi customer disrupted by Iran conflict; revenue hit expected – In particular, a customer operating in Saudi Arabia has experienced disruption as a result of the current environment, which is expected to adversely affect... ↗
- 20 Oct 2026 Revenue still hit by Middle East disruption – with revenue from our planned operations in Saudi Arabia also being impacted by the continued disruption in the Middle East. ↗
What is happening
Trifast: Saudi Arabia expansion – Revenue still hit by Middle East disruption. ['Revenue still hit by Middle East disruption']
- Announced
- 18 Nov 2025 · MISA approval received; Heads of Terms signed
- Latest
- 20 Oct 2026 · Revenue still hit by Middle East disruption
- What it changes
- Margin story strengthens (H1 EBIT margin 7.4%, double-digit targeted for H2 FY27) while revenue decline narrows to 4.2%; consensus is unchanged on revenue, with EBIT slightly lower at £18.2m, and the Mexico investment adds a new growth build-out.
What comes next
Half-year results with Saudi update (17 Nov 2026).
From the company's own announcements. Not investment advice.
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