|Number of Shares (mil)||136.10|
|Market Cap (mil)||130.52|
“Trifast’s fastenings enable innovation today to build a better tomorrow”
Trifast (TR) is a leading international specialist in the design, engineering, manufacture, and distribution of high-quality industrial and category ‘C’ fastenings to both distributors and OEM's on a global basis. TR's success is based on a unique mix of high-quality manufacturing, sourcing, technical know-how and adaptable, reliable global logistics.
The business provides a 24/7 ‘full-service provider’ offering ‘end-to-end’ support to all its customers who in the main come from the automotive, electronics, distributors, and domestic appliances industries. Supplying over 8 billion components every year to over 5000 companies globally. TR has also attained "Global Supplier Approval" and has established and trusted relationships with over 100 multinational OEMs/Tier 1; no one customer accounts for more than 7% of revenue.
Trifast distinguishes itself from the competition by offering the "Unique Selling Proposition": it has a global footprint that meets the needs of its customers, through combining eight high-quality manufacturing sites with a global logistics capability from business locations within UK, Europe, South-East Asia and North America, along with full technical and design services to customer engineering personnel through its highly skilled engineers who are also supported by TR technical & innovation centres based in the UK, Europe and the US. Across its 34 locations Trifast employs c.1,300 people across all disciplines.
The Group has the ability to service customers in many parts of the world and this sets it apart from its competitors. It will continue to develop its global footprint as it is a key USP, both through organic and acquisitive objectives.
|Profit before taxation||16,421||3,042||7,784|
|Profit/(loss) for the year (attributable to equity shareholders of the Parent Company)||12,244||(238)||5,790|
|Number of employees||1,276||1,279||1,239|
|Basic earnings per share, p||10.14||(0.19)||4.33|
|Underlying diluted EPS, p (1,2)||12.79||8.64||6.24|
|Final dividend per share, p||3.05||0.00*||1.60**|
|Interim dividend paid, p||1.20||1.20||0.00***|
1. Before separately disclosed items.
2. Presented after adoption of IFRS 16 Leases from FY2020.
* FY2020 No final dividend proposed.
** Final dividend subject to shareholder approval.
*** No interim dividend proposed FY2021.