Judging by its half year results, the manufacturer and distributor of nuts, bolts and rivets, is growing so fast it might blow a gasket.
Trifast claims the six months to September 2014 was its “best trading period ever” and it expects to exceed its own expectations for the full-year. The results were diminished by movements in exchange rates, but bolstered by the acquisition of VIC, an Italian fastener manufacturer. Overall, turnover rose 13.4% over the previous half-year (7.2% excluding VIC) and adjusted operating profit rose 46%. Trifast says that despite political turmoil and downbeat economic indicators, there is no evidence of a contraction in demand for fasteners.(…)
via Trifast gets A for effort in mid-term report | Interactive Investor.