bullish

Trifast PLC

Good momentum in fasteners

75 Views20 Jun 2017 20:28
Issuer-paid
SUMMARY

As already announced, record FY17 profits have exceeded management expectations and growth was delivered with a strong cash performance and a sharp rise in the dividend. We have increased our EPS estimates marginally for 2018 with restrained growth expectations. As Trifast continues to deliver on its strategy, the 10% rating discount to peers should moderate.

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  • Good momentum in fasteners
    20 Jun 2017
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