Trifast UK and Europe sales ahead of plan
09:35 16/02/2011StockMarketWire.com – Industrial fasteners maker Trifast plc said sales revenue in the UK and mainland Europe was outperforming the company’s budget and it was now prioritising margin growth.
In an IMS for the period from October 1, Trifast said it had continued to make steady progress against all its stated objectives since the November interims.
‘The focus remains on a sales-led strategy strongly underpinned by our determination to continue to develop the areas of self-help still available to us within our logistics efficiencies, purchasing, stock and vendor management.’
In the UK and Europe, the group’s business was increasing and it was benefiting from a number of new contract wins that had started to come on stream.
TR Asia was performing above budget in both manufacturing and distribution. Exports out of the region had been adversely affected by the strength of the Singapore dollar and Taiwanese …
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