Tricorn Group – 24p

9 April 2013 – trading update

For the year ended 31 March 2013 full year profit before taxation, excluding China start up costs and acquisition costs, will be at similar levels to the previous year and  in line with earlier guidance.  In the Aerospace Division, which is said to have a strong potential order pipeline, revenue will be ahead of the previous year.  Given continued strong performance, an increased final dividend is set to be declared.  Further details on this and current trading will be provided with the final results announcement, due to be released on 4 June.  Ahead of that we keep our BUY rating.

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