Industrial fasteners maker Trifast (LON:TRI) said it made solid progress in the financial year to the end of March 2012 and is comfortable with consensus market forecasts.
The short trading statement sent shares higher in early deals, and by 10.00 am, Trifast was trading up 4 per cent at 45.25 pence.
The company said the integration of Malaysian group Power Steel and Electro-Plating Works, which it acquired in December 2011 for £15 million, is also progressing very well. (…)