World of Opportunity

Strong Momentum Continues

The Group majors on the design, manufacture and distribution of mechanical fasteners on a global basis to both distributors and OEM assemblers.

Continued roll out to multi-national OEMs

Distributor sales — renewed growth

Cash conversion of EBITDA at historic high

Ongoing margin enhancement through self-help

Post year end major acquisition

Significant dividend uplift

Chairman's letter

I am pleased to inform you that we have made excellent progress for the period, as our ambitious performance objectives have been achieved for yet another year.

Chairmans Letter

Malcolm Diamond MBE Take a look

Automotive

Home Appliances

Electronics

Distributors

Highlights

Revenue

£129.78m

Revenue Bar Chart 2014

underlying pre-tax profit*

£9.16m

Underlying Pre Tax Profit 2014

ebitda*

£10.80m

Bar Chart Ebitda 2014

"We have made excellent progress for the period, as our ambitious performance objectives have been achieved for yet another year”

Malcolm Diamond MBE

Executive Chairman

It gives me great pleasure to report that we have had another successful year, building on the strong, solid foundations laid down in the previous years”

Mark Belton

Group Finance Director

"The Board would like to thank our colleagues from around the Group who have contributed to this publication”

Jim Barker

Chief Executive

Strategic Report

Take a look at 'TR'

Our Governance

Our Financials

Thomas Tan, TR Asia Managing Director

Thomas Tan

TR Asia Managing Director

-We will continue to sustain and grow existing businesses while developing new opportunities around Asia”

Geoff Budd, TR Europe Managing Director

Geoff Budd

TR Europe Managing Director

This has been a most successful and rewarding year and I would like to acknowledge the fantastic work by all of our people”

Dave Fisk TR UK Managing Director

Dave Fisk

TR UK Managing Director

An impressive set of results has been achieved which I know for a fact do not happen on their own!”

Gary Badzioch, Operations Director TR Fastenings Inc.

Gary Badzioch

Operations Director TR Fastenings Inc.

This past financial year has been one of investment in more people and distribution capacity”