Tricorn Group PLC Business Award (8037O)
10 November 2016 - 6:00PM
UK Regulatory
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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