Join our community of smart investors

Trifast benefits from resilient European markets

The industrial fastenings maker returned to growth in the second half of the year
June 22, 2021
  • Momentum in Italy and Hungary meant that revenue dipped by just 6 per cent in the year to 31 March
  • The dividend has been reinstated at 1.6p a share

Industrial fastenings specialist Trifast (TRI) saw its revenue collapse by 50 per cent in April last year thanks to pandemic disruption. But as momentum returned in the second half of its financial year, sales hit monthly records in November, December, February and March.

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in