Trifast (GB:TRI) has released an update.
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Trifast PLC has published its annual report and financial statements for 2024, showcasing operational resilience with an underlying profit before tax of £6.5m, exceeding January’s projections. The company highlights a robust performance in the light vehicle sector and the launch of a manufacturing facility in China. Looking forward, Trifast is implementing a refreshed strategy aimed at driving performance and delivering significant improvements in profitability, cash generation, and return on capital employed by FY2025.
For further insights into GB:TRI stock, check out TipRanks’ Stock Analysis page.
