Trifast (GB:TRI) has released an update.
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Trifast PLC reports a slight revenue decline of 3.1% for the first half of FY25, but it has seen an improvement in gross margin and a significant reduction in net debt by £12 million. The company remains confident in its strategic initiatives and maintains strong liquidity with a substantial portion of its banking facilities undrawn.
For further insights into GB:TRI stock, check out TipRanks’ Stock Analysis page.