Trifast – CEO appointment and how’s it coping with the “challenging” macroeconomic environment?
By Steve Moore | Friday 15 September 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Industrial fastenings and components company Trifast (TRI) has announced the appointment of Iain Percival as CEO, emphasising his 30-year career experience including divisional leadership positions within a number of international manufacturing businesses and recently as Packaging divisional Chief Executive at FTSE 250 Essentra (ESNT). What of this appointment and the outlook from a currently little-changed around 80p share price?
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