Tricorn Group PLC Further Post-Period End Update (1550L)
January 11 2021 - 2:01AM
UK Regulatory
TIDMTCN
RNS Number : 1550L
Tricorn Group PLC
11 January 2021
11 January 2021
Tricorn Group plc
("Tricorn", the "Company" or the "Group")
Further Post-Period End Update
Further to its announcement of 7 December 2020, Tricorn Group
plc (AIM: TCN.L), the AIM listed tube manipulation specialist,
announces that the stocktakes conducted at both of its UK sites,
Malvern and West Bromwich, during December 2020 produced a modest
gain of approximately 2 per cent. of gross inventory. The Board
considers that this was an encouraging indication supporting the
integrity of the ongoing margins in the Company's current financial
year.
A further announcement will be made later this month regarding
the Group's trading in the first quarter to 31 December 2020.
For further information please contact:
Tricorn Group plc www.tricorn.uk.com
Andrew Moss, Chairman Tel +44 (0)7768 306 701
Michael Stock, Chief Executive/Group Finance Director Tel +44 (0)7894 784 106
Shore Capital Tel +44 (0)20 7408 4080
Tom Griffiths
David Coaten
Henry Willcocks
Notes to Editors:
Tricorn is a value-added manufacturer and specialist manipulator
of pipe and tubing assemblies to niche markets worldwide.
Headquartered in Malvern, UK, Tricorn employs around 300
employees and has five manufacturing facilities in China, USA and
UK.
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