Trifast PLC - industrial fastenings firm - goals to improve margins and boost cash generation are ‘on track’, Non-Executive Chair Serena Lang is to say at an annual general meeting Tuesday afternoon. ‘Whilst economic and geopolitical challenges remain, we are committed to the execution of our four key strategic initiatives of margin management, focused growth, organisational effectiveness, and operational efficiency that will enable us to maintain positive momentum as we look to make progress on our recover, rebuild, resilience journey,’ Lang adds. In addition, Trifast says its Interim Chief Financial Officer Kate Ferguson takes on the role permanently. ‘During the search process Kate came out very strongly as a team player with all round financial acumen for a CFO role,’ Chair Lang explains.

Current stock price: 80.00 pence

12-month change: flat

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