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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tricorn Group Plc | LSE:TCN | London | Ordinary Share | GB0009716340 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTCN
RNS Number : 8037O
Tricorn Group PLC
10 November 2016
10 November 2016
Tricorn Group Plc
("Tricorn" or the "Group")
Business Award
Tricorn Group plc (AIM: TCN.L), the AIM listed tube manipulation specialist announces that its USA operation, Franklin Tubular Products which is part of the Group's Transportation Division has been awarded business by Volvo Group Truck Operations that is expected to generate additional revenue of $3.5m (GBP2.80m) over a 4-year period. Initial revenues from Volvo are expected to commence before the end of the current financial year.
David Leakey, Sales Director of Tricorn, commented: "We are establishing a growing reputation for outstanding operational performance and I am delighted that our USA company has been able to secure this important business for the Group."
The Group's interim results are expected to be announced on 7 December 2016.
For further information please contact:
Tricorn Group plc Mike Welburn, Chief Executive Tel +44 (0)1684 569956 Phil Lee, Group Finance Director www.tricorn.uk.com Stockdale Securities Limited Tom Griffiths Tel + 44 (0)20 7601 6100 Henry Willcocks
Notes to Editors:
Tricorn is a value added manufacturer and specialist manipulator of pipe and tubing assemblies to niche markets worldwide in the Energy and Transportation sectors.
Headquartered in Malvern, UK, Tricorn employs around 300 employees, has 4 manufacturing facilities in China, USA and UK. It operates through four brands: Franklin Tubular Products, Malvern Tubular Components, Maxpower Automotive and Minguang-Tricorn Tubular Products.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
November 10, 2016 02:00 ET (07:00 GMT)
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