8 September 2026 - 83.5p
The specialist industrial fasteners group has issued a reassuring update at its AGM with trading in the current financial year remaining in line with market expectations. Trading conditions remain challenging especially in the group's North American auto's business but the group believes that it is on track to make adjusted pre-tax profits of £14m in the year to 31 March 2027 for earnings per share of 7.8p. The group will issue another trading update on 20 October, but in the meantime we retain our recommendation of BUY.
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