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Debt-free Trifast is looking healthier
Specialist industrial fastenings engineer Trifast (TRI) is expected to emerge virtually debt-free by the end of its current financial year.
The Sussex-based business supplies bespoke solutions to motor manufacturers, heavy industry and electronics customers across Europe and Asia. Strong cash generation is expected to leave net debt at just £0.1m for the 12 months to 31 March 2018. (SF)