- Trifast has improved its FY pretax profit to £11.85m, from £8.87m. Revenue was £154.74m, from £129.78m. It proposed a final dividend of 1.5p a share, taking the total to 2.1p.

It also said CEO Jim Barker would step down on September 30, but remain on in a consultancy role. He would be replaced by FD Mark Belton, who in turn would be succeeded by Clare Foster.

A spokesperson for the company commented on the results:

"The impressive results in 2015 are stronger than originally expected. They reflect the operational improvements implemented by management over recent years which are now delivering growth in both revenue and profitability, together with the upturn in confidence as we progressed through the year.

"There are some macroeconomic influences that we cannot control which may affect future results. This being said, as a business we remain confident in our ability to deliver our strategy and are excited about the future.

"At this early stage of the year, the forward order book remains solid and the Group's trading performance has been good as it continues to benefit from the positive momentum witnessed in the second half of last year.

"There continue to be many opportunities, both across our key sectors and with new and existing customer partnerships, and we believe that the Group will go from strength to strength. We remain encouraged by the future growth profile of the business and our commercial progress looks set to continue positively during 2015/16."

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